Atico Mining (CVE:ATY) Trading Down 39.3% – Here’s What Happened

Shares of Atico Mining Co. (CVE:ATYGet Free Report) dropped 39.3% on Monday . The company traded as low as C$0.08 and last traded at C$0.09. Approximately 339,200 shares traded hands during mid-day trading, an increase of 727% from the average daily volume of 41,031 shares. The stock had previously closed at C$0.14.

Atico Mining Stock Down 67.9 %

The company has a current ratio of 1.37, a quick ratio of 1.56 and a debt-to-equity ratio of 37.77. The firm has a 50 day moving average price of C$0.13 and a 200-day moving average price of C$0.14. The firm has a market cap of C$3.84 million, a price-to-earnings ratio of -1.01 and a beta of 2.16.

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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