Peel Hunt Trims Atalaya Mining (LON:ATYM) Target Price to GBX 240

Atalaya Mining (LON:ATYM) had its price objective lowered by Peel Hunt from GBX 305 ($4.01) to GBX 240 ($3.16) in a research report report published on Monday morning, Stock Target Advisor reports. The brokerage currently has a buy rating on the stock.

Separately, Canaccord Genuity reissued a buy rating and issued a GBX 380 ($5.00) price objective on shares of Atalaya Mining in a research note on Monday, November 25th.

Shares of LON:ATYM opened at GBX 89.50 ($1.18) on Monday. The company has a debt-to-equity ratio of 1.91, a current ratio of 1.03 and a quick ratio of 0.73. The business’s 50 day moving average price is GBX 151.72 and its 200-day moving average price is GBX 183.42. The firm has a market capitalization of $123.26 million and a PE ratio of 3.27. Atalaya Mining has a 1 year low of GBX 85 ($1.12) and a 1 year high of GBX 239 ($3.14).

In other Atalaya Mining news, insider Alberto Lavandeira purchased 30,000 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were purchased at an average cost of GBX 176 ($2.32) per share, with a total value of ¬£52,800 ($69,455.41).

Atalaya Mining Company Profile

Atalaya Mining Plc, together with its subsidiaries, explores for and develops metal properties in Europe. It holds a 100% interest in the Proyecto Riotinto project, an open-pit copper mine located in Andalucía, Spain. The company was formerly known as EMED Mining Public Limited and changed its name to Atalaya Mining Plc in October 2015.

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