Atico Mining (CVE:ATY) Stock Price Down 16.7% – What’s Next?

Atico Mining Co. (CVE:ATY) traded down 16.7% on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. 295,180 shares traded hands during mid-day trading, an increase of 206% from the average session volume of 96,370 shares. The stock had previously closed at C$0.06.

Atico Mining Stock Performance

The firm has a market capitalization of C$4.26 million, a P/E ratio of -1.12 and a beta of 2.16. The company has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.14. The company has a current ratio of 1.37, a quick ratio of 1.56 and a debt-to-equity ratio of 37.77.

About Atico Mining

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.