Atico Mining (CVE:ATY) Shares Down 16.7% – Here’s Why

Atico Mining Co. (CVE:ATYGet Free Report)’s share price was down 16.7% on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 295,180 shares traded hands during trading, an increase of 209% from the average daily volume of 95,649 shares. The stock had previously closed at C$0.06.

Atico Mining Trading Down 16.7 %

The firm has a market cap of C$4.26 million, a P/E ratio of -1.12 and a beta of 2.16. The firm has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.14. The company has a debt-to-equity ratio of 37.77, a quick ratio of 1.56 and a current ratio of 1.37.

About Atico Mining

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Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver, lead, and zinc deposits. Its holds interest in the El Roble mine located in Department of Choco, Colombia; and the La Plata project located in Ecuador.

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