FinnCap Reiterates Buy Rating for Atalaya Mining PLC (ATYM)

Atalaya Mining PLC (LON:ATYM)‘s stock had its “buy” rating reiterated by FinnCap in a research note issued to investors on Wednesday. They currently have a GBX 235 ($3.03) target price on the stock. FinnCap’s target price points to a potential upside of 42.42% from the company’s current price.

Several other research firms also recently issued reports on ATYM. Peel Hunt reaffirmed a “buy” rating and set a GBX 245 ($3.16) price objective on shares of Atalaya Mining PLC in a report on Friday, July 28th. Shore Capital reaffirmed a “not rated” rating on shares of Atalaya Mining PLC in a report on Friday, June 2nd. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 210 ($2.71) price objective on shares of Atalaya Mining PLC in a report on Thursday, May 18th.

Shares of Atalaya Mining PLC (LON ATYM) opened at 165.00 on Wednesday. The stock’s market cap is GBX 192.52 million. Atalaya Mining PLC has a 1-year low of GBX 76.00 and a 1-year high of GBX 197.00. The company’s 50-day moving average is GBX 150.66 and its 200 day moving average is GBX 136.25.

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About Atalaya Mining PLC

Atalaya Mining PLC, formerly EMED Mining Public Limited, is a Cyprus-based new European copper company focused on the re-start of production at the Rio Tinto Copper Project. It comprises a number of deposits including one of the largest copper deposits in Spain and is located in the Iberian Pyrite Belt.

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