Atico Mining (CVE:ATY) Stock Crosses Below 200-Day Moving Average – Here’s Why

Atico Mining Co. (CVE:ATY) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.18 and traded as low as C$0.16. Atico Mining shares last traded at C$0.17, with a volume of 112,500 shares trading hands.

Atico Mining Price Performance

The stock’s 50 day simple moving average is C$0.16 and its 200-day simple moving average is C$0.18. The stock has a market capitalization of C$20.62 million, a price-to-earnings ratio of -2.43 and a beta of 2.16. The company has a debt-to-equity ratio of 43.43, a current ratio of 0.87 and a quick ratio of 1.56.

Atico Mining Company Profile

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.