Atalaya Mining (LON:ATYM) Receives Hold Rating from Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Atalaya Mining (LON:ATYM) in a research note released on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 410 ($5.19) target price on the stock.

Separately, Canaccord Genuity Group reaffirmed a buy rating and set a GBX 530 ($6.71) price target on shares of Atalaya Mining in a research report on Thursday.

Atalaya Mining Price Performance

LON ATYM opened at GBX 430.50 ($5.45) on Thursday. Atalaya Mining has a 52 week low of GBX 281 ($3.56) and a 52 week high of GBX 444.50 ($5.63). The firm has a market capitalization of £602.27 million, a P/E ratio of 1,871.74, a PEG ratio of -2.02 and a beta of 1.65. The company has a quick ratio of 1.64, a current ratio of 1.53 and a debt-to-equity ratio of 14.43. The company has a 50-day moving average price of GBX 356.94 and a 200-day moving average price of GBX 334.01.

Atalaya Mining Company Profile

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.