Peel Hunt Lowers Atalaya Mining (LON:ATYM) Price Target to GBX 305

Atalaya Mining (LON:ATYM) had its price target cut by Peel Hunt from GBX 310 ($4.08) to GBX 305 ($4.01) in a report issued on Wednesday, Stock Target Advisor reports. They currently have a buy rating on the stock.

Several other equities analysts have also recently issued reports on ATYM. Peel Hunt reiterated a buy rating and set a GBX 310 ($4.08) price target on shares of Atalaya Mining in a research report on Thursday, October 17th. Canaccord Genuity reiterated a buy rating and set a GBX 380 ($5.00) price target on shares of Atalaya Mining in a research report on Monday, November 25th.

Shares of LON ATYM opened at GBX 183.50 ($2.41) on Wednesday. Atalaya Mining has a 1 year low of GBX 180 ($2.37) and a 1 year high of GBX 245 ($3.22). 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 company’s 50-day moving average is GBX 196.94 and its 200 day moving average is GBX 196.35. The stock has a market capitalization of $252.02 million and a P/E ratio of 6.70.

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 AndalucĂ­a, Spain. The company was formerly known as EMED Mining Public Limited and changed its name to Atalaya Mining Plc in October 2015.

Further Reading: S&P/ASX 200 Index

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