Atalaya Mining (LON:ATYM) Given New GBX 420 Price Target at Bank of America

Atalaya Mining (LON:ATYMGet Rating) had its target price boosted by Bank of America from GBX 370 ($4.58) to GBX 420 ($5.20) in a research report sent to investors on Monday morning, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently issued reports on ATYM. Berenberg Bank increased their target price on shares of Atalaya Mining from GBX 310 ($3.84) to GBX 470 ($5.82) and gave the stock a buy rating in a research report on Tuesday, January 17th. Canaccord Genuity Group reissued a buy rating and set a GBX 385 ($4.77) target price on shares of Atalaya Mining in a research report on Tuesday, January 17th.

Atalaya Mining Stock Down 0.9 %

ATYM opened at GBX 356.89 ($4.42) on Monday. The firm has a 50 day moving average price of GBX 318.37 and a 200 day moving average price of GBX 271.41. The company has a market cap of £499.21 million and a PE ratio of 1,125.00. Atalaya Mining has a 1 year low of GBX 183 ($2.27) and a 1 year high of GBX 450 ($5.57). The company has a debt-to-equity ratio of 12.48, a quick ratio of 1.64 and a current ratio of 2.07.

Atalaya Mining Company Profile

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Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is its 100% owned Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It produces copper concentrates, including silver by-products.

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