Atalaya Mining Plc (LON:ATYM) Insider Jesus Fernandez Lopez Purchases 13,912 Shares

Atalaya Mining Plc (LON:ATYM) insider Jesus Fernandez Lopez purchased 13,912 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was acquired at an average cost of GBX 350 ($4.43) per share, with a total value of £48,692 ($61,697.92).

Atalaya Mining Stock Performance

Shares of ATYM stock opened at GBX 353.50 ($4.48) on Wednesday. Atalaya Mining Plc has a 1 year low of GBX 308 ($3.90) and a 1 year high of GBX 493.50 ($6.25). The company has a debt-to-equity ratio of 6.27, a quick ratio of 1.64 and a current ratio of 1.65. The firm has a market cap of £497.59 million, a price-to-earnings ratio of 1,767.50, a PEG ratio of -2.02 and a beta of 1.64. The stock’s 50-day moving average is GBX 370.46 and its two-hundred day moving average is GBX 386.46.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ATYM. Canaccord Genuity Group cut their price target on Atalaya Mining from GBX 585 ($7.41) to GBX 555 ($7.03) and set a “buy” rating on the stock in a report on Wednesday, November 13th. Berenberg Bank reduced their target price on shares of Atalaya Mining from GBX 480 ($6.08) to GBX 460 ($5.83) and set a “hold” rating on the stock in a report on Monday, October 14th.

About Atalaya Mining

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is the Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold.