Atico Mining (CVE:ATY) Trading Down 16.7% – Here’s Why

Atico Mining Co. (CVE:ATYGet Free Report)’s share price was down 16.7% on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 295,180 shares were traded during trading, an increase of 206% from the average daily volume of 96,370 shares. The stock had previously closed at C$0.06.

Atico Mining Stock Down 16.7 %

The stock’s 50-day moving average price is C$0.13 and its two-hundred day moving average price is C$0.14. The stock has a market capitalization of C$4.26 million, a P/E ratio of -1.12 and a beta of 2.16. The company has a current ratio of 1.37, a quick ratio of 1.56 and a debt-to-equity ratio of 37.77.

About Atico Mining

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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.

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