Atalaya Mining (LON:ATYM) Share Price Passes Above 50 Day Moving Average of $368.05

Atalaya Mining Plc (LON:ATYM)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 368.05 ($4.86) and traded as high as GBX 382.45 ($5.05). Atalaya Mining shares last traded at GBX 373 ($4.93), with a volume of 145,302 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ATYM shares. Berenberg Bank reiterated a “hold” rating and set a GBX 480 ($6.34) price objective on shares of Atalaya Mining in a report on Wednesday, August 14th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 585 ($7.73) target price on shares of Atalaya Mining in a research report on Wednesday, August 14th.

Atalaya Mining Trading Down 1.8 %

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 company has a market capitalization of £525.03 million, a P/E ratio of 1,865.00, a PEG ratio of -2.02 and a beta of 1.64. The company’s fifty day simple moving average is GBX 368.05 and its 200-day simple moving average is GBX 399.59.

Atalaya Mining Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, August 22nd were paid a dividend of $0.04 per share. The ex-dividend date was Thursday, August 22nd. This represents a dividend yield of 0.92%. Atalaya Mining’s dividend payout ratio is presently 3,000.00%.

Insider Buying and Selling

In related news, insider Neil Gregson acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The stock was purchased at an average cost of GBX 343 ($4.53) per share, for a total transaction of £17,150 ($22,655.22). 31.43% of the stock is currently owned by insiders.

Atalaya Mining Company Profile

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.