Atalaya Mining’s (ATYM) “Hold” Rating Reiterated at Berenberg Bank

Atalaya Mining (LON:ATYM)‘s stock had its “hold” rating reissued by research analysts at Berenberg Bank in a report released on Tuesday, Marketbeat reports. They presently have a GBX 420 ($5.46) price target on the stock. Berenberg Bank’s price target points to a potential upside of 15.54% from the company’s current price.

Separately, Canaccord Genuity Group dropped their target price on shares of Atalaya Mining from GBX 555 ($7.22) to GBX 520 ($6.76) and set a “buy” rating on the stock in a research report on Wednesday.

Atalaya Mining Stock Down 3.3 %

Atalaya Mining stock opened at GBX 363.50 ($4.73) on Tuesday. Atalaya Mining has a 1-year low of GBX 322.50 ($4.19) and a 1-year high of GBX 493.50 ($6.42). The business has a fifty day moving average price of GBX 367.95 and a 200-day moving average price of GBX 366.38. The company has a debt-to-equity ratio of 7.71, a current ratio of 1.53 and a quick ratio of 1.64. The stock has a market capitalization of £619.50 million, a price-to-earnings ratio of 22.53, a PEG ratio of -2.02 and a beta of 1.64.

About Atalaya Mining

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya’s shares trade on the London Stock Exchange’s Main Market under the symbol “ATYM”.

Atalaya’s operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East.