Atalaya Mining Plc (LON:ATYM) Insider Neil Gregson Purchases 51 Shares of Stock

Atalaya Mining Plc (LON:ATYM) insider Neil Gregson bought 51 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was bought at an average price of GBX 345 ($4.28) per share, for a total transaction of £175.95 ($218.06).

Atalaya Mining Stock Performance

ATYM opened at GBX 344 ($4.26) on Friday. The company’s 50 day moving average is GBX 354.67 and its 200 day moving average is GBX 364.98. The company has a current ratio of 1.65, a quick ratio of 1.64 and a debt-to-equity ratio of 6.27. The company has a market cap of £484.21 million, a price-to-earnings ratio of 1,720.00, a PEG ratio of -2.02 and a beta of 1.64. Atalaya Mining Plc has a 12-month low of GBX 315 ($3.90) and a 12-month high of GBX 493.50 ($6.12).

Analyst Ratings Changes

Several research firms have recently weighed in on ATYM. Canaccord Genuity Group lowered their price target on Atalaya Mining from GBX 585 ($7.25) to GBX 555 ($6.88) and set a “buy” rating on the stock in a report on Wednesday, November 13th. Berenberg Bank reduced their price objective on Atalaya Mining from GBX 480 ($5.95) to GBX 460 ($5.70) and set a “hold” rating for the company in a research report on Monday, October 14th.

Atalaya Mining Company Profile

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya’s shares trade on the London Stock Exchange’s Main Market (Premium Segment) under the symbol “ATYM”.

Atalaya’s operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East.