Neil Gregson Buys 51 Shares of Atalaya Mining Plc (LON:ATYM) Stock

Atalaya Mining Plc (LON:ATYM) insider Neil Gregson purchased 51 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was bought at an average price of GBX 345 ($4.28) per share, with a total value of £175.95 ($218.52).

Atalaya Mining Stock Down 1.2 %

ATYM opened at GBX 343 ($4.26) on Friday. The stock’s fifty day simple moving average is GBX 354.77 and its 200 day simple moving average is GBX 365.39. Atalaya Mining Plc has a 1-year low of GBX 315 ($3.91) and a 1-year high of GBX 493.50 ($6.13). The stock has a market cap of £482.81 million, a PE ratio of 1,715.00, a price-to-earnings-growth ratio of -2.02 and a beta of 1.64. The company has a current ratio of 1.65, a quick ratio of 1.64 and a debt-to-equity ratio of 6.27.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ATYM shares. Canaccord Genuity Group lowered their target price on shares of Atalaya Mining from GBX 585 ($7.27) to GBX 555 ($6.89) and set a “buy” rating on the stock in a report on Wednesday, November 13th. Berenberg Bank dropped their target price on shares of Atalaya Mining from GBX 480 ($5.96) to GBX 460 ($5.71) and set a “hold” rating on the stock in a report on Monday, October 14th.

About Atalaya Mining

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya’s shares trade on the London Stock Exchange’s Main Market (Premium Segment) under the symbol “ATYM”.

Atalaya’s operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East.