Atico Mining (CVE:ATY) Trading Up 33.3% – Time to Buy?

Atico Mining Co. (CVE:ATYGet Free Report) shares shot up 33.3% during trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.06. 1,399,273 shares were traded during mid-day trading, an increase of 1,422% from the average session volume of 91,952 shares. The stock had previously closed at C$0.05.

Atico Mining Stock Performance

The firm has a fifty day moving average of C$0.13 and a 200 day moving average of C$0.14. The company has a debt-to-equity ratio of 37.77, a current ratio of 1.37 and a quick ratio of 1.56. The stock has a market capitalization of C$5.12 million, a price-to-earnings ratio of -1.35 and a beta of 2.16.

About Atico Mining

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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.

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