Atalaya Mining (LON:ATYM) Price Target Raised to GBX 580 at Canaccord Genuity Group

Atalaya Mining (LON:ATYM) had its target price boosted by Canaccord Genuity Group from GBX 530 ($6.55) to GBX 580 ($7.16) in a research report released on Friday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Separately, Berenberg Bank reissued a hold rating and issued a GBX 410 ($5.06) target price on shares of Atalaya Mining in a research report on Thursday, April 11th.

Atalaya Mining Trading Up 0.3 %

Shares of Atalaya Mining stock opened at GBX 443 ($5.47) on Friday. The firm has a 50-day moving average of GBX 374.88 and a 200-day moving average of GBX 340.71. The stock has a market cap of £619.76 million, a PE ratio of 1,926.09, a PEG ratio of -2.02 and a beta of 1.65. Atalaya Mining has a 52-week low of GBX 281 ($3.47) and a 52-week high of GBX 452.50 ($5.59). The company has a debt-to-equity ratio of 14.43, a quick ratio of 1.64 and a current ratio of 1.53.

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.