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

Atico Mining Co. (CVE:ATYGet Free Report) shares dropped 16.7% on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 295,180 shares changed hands during trading, an increase of 206% from the average daily volume of 96,370 shares. The stock had previously closed at C$0.06.

Atico Mining Trading Down 16.7 %

The stock has a market cap of C$4.26 million, a price-to-earnings ratio of -1.12 and a beta of 2.16. The firm’s 50 day moving average is C$0.13 and its two-hundred day moving average is C$0.14. The company has a quick ratio of 1.56, a current ratio of 1.37 and a debt-to-equity ratio of 37.77.

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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