Atalaya Mining (LON:ATYM) Hits New 52-Week High at $452.50

Atalaya Mining Plc (LON:ATYM) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 452.50 ($5.59) and last traded at GBX 447.05 ($5.52), with a volume of 206223 shares traded. The stock had previously closed at GBX 441.50 ($5.45).

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ATYM. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 530 ($6.55) target price on shares of Atalaya Mining in a research note on Thursday, April 11th. Berenberg Bank reissued a “hold” rating and set a GBX 410 ($5.06) price objective on shares of Atalaya Mining in a research note on Thursday, April 11th.

Atalaya Mining Stock Performance

The stock has a market cap of £628.85 million, a PE ratio of 1,919.57, a price-to-earnings-growth ratio of -2.02 and a beta of 1.65. The company has a debt-to-equity ratio of 14.43, a current ratio of 1.53 and a quick ratio of 1.64. The business has a 50 day moving average price of GBX 372.37 and a two-hundred day moving average price of GBX 340.01.

About Atalaya Mining

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is the Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold.