Atico Mining (CVE:ATY) Trading 33.3% Higher – Still a Buy?

Atico Mining Co. (CVE:ATYGet Free Report) rose 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.06. Approximately 1,399,273 shares were traded during mid-day trading, an increase of 1,422% from the average daily volume of 91,952 shares. The stock had previously closed at C$0.05.

Atico Mining Stock Performance

The company has a market cap of C$4.26 million, a PE ratio of -1.12 and a beta of 2.16. The company has a quick ratio of 1.56, a current ratio of 1.37 and a debt-to-equity ratio of 37.77. The business has a 50-day simple moving average of C$0.13 and a 200-day simple moving average of C$0.14.

About Atico Mining

(Get Free Report)

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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