Atico Mining (CVE:ATY) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Atico Mining Co. (CVE:ATY)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.26 and traded as high as C$0.29. Atico Mining shares last traded at C$0.29, with a volume of 65,800 shares traded.

Atico Mining Stock Performance

The firm has a market capitalization of C$53.25 million, a PE ratio of -2.03 and a beta of 1.24. The company has a debt-to-equity ratio of 32.43, a current ratio of 0.70 and a quick ratio of 1.56. The company’s fifty day simple moving average is C$0.32 and its 200 day simple moving average is C$0.26.

About Atico Mining

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver, lead, and zinc deposits. Its holds interest in the El Roble mine located in Department of Choco, Colombia; and the La Plata project located in Ecuador. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.