Atico Mining (CVE:ATY) PT Lowered to C$3.00

Atico Mining (CVE:ATY – Get Rating) had its price objective reduced by Royal Bank of Canada from C$3.50 to C$3.00 in a research note published on Monday morning, The Fly reports.

Separately, TD Securities lifted their price objective on shares of Atico Mining from C$2.75 to C$3.00 in a research note on Friday.

Atico Mining Trading Up 9.1 %

CVE:ATY opened at C$0.24 on Monday. Atico Mining has a 12 month low of C$0.19 and a 12 month high of C$0.52. The firm has a fifty day simple moving average of C$0.25 and a 200-day simple moving average of C$0.25. The company has a current ratio of 2.49, a quick ratio of 1.56 and a debt-to-equity ratio of 32.56. The company has a market capitalization of C$29.11 million, a P/E ratio of -24.00 and a beta of 2.40.

About Atico Mining

(Get Rating)

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver deposits. Its principal project is the El Roble mine, which covers an area of 6,355 hectares located in Department of Choco, Colombia. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.