Atalaya Mining (LON:ATYM) Given “Buy” Rating at Peel Hunt

Peel Hunt reissued their buy rating on shares of Atalaya Mining (LON:ATYM) in a research report released on Monday morning,Digital Look reports. They currently have a GBX 1,185 price target on the stock.

Several other research firms also recently commented on ATYM. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,100 target price on shares of Atalaya Mining in a research report on Tuesday, August 11th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,180 price target on shares of Atalaya Mining in a research note on Wednesday, August 12th. Finally, Royal Bank Of Canada boosted their price target on Atalaya Mining from GBX 1,000 to GBX 1,100 and gave the company an “outperform” rating in a research note on Monday, July 20th. Four investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Atalaya Mining has a consensus rating of “Buy” and a consensus price target of GBX 1,141.25.

Atalaya Mining Trading Up 0.3%

ATYM stock opened at GBX 1,075 on Monday. Atalaya Mining has a 1-year low of GBX 609.70 and a 1-year high of GBX 1,133.02. The firm has a market cap of £1.65 billion, a P/E ratio of 15.25, a P/E/G ratio of -2.02 and a beta of 1.49. The business’s 50 day moving average is GBX 1,008.37 and its 200-day moving average is GBX 878.57. The company has a current ratio of 2.83, a quick ratio of 1.64 and a debt-to-equity ratio of 4.44.

About Atalaya Mining

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya’s shares trade on the London Stock Exchange’s Main Market under the symbol “ATYM”.

Atalaya’s operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East. In addition, Atalaya has a phased earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., which fully owns the Proyecto Touro brownfield copper project in the northwest of Spain, as well as a 99.9% interest in Proyecto Ossa Morena.