Atico Mining (CVE:ATY) Shares Down 16.7% – Here’s Why

Atico Mining Co. (CVE:ATY) shares fell 16.7% during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 295,180 shares changed hands during 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 Trading Up 10.0 %

The firm has a market cap of C$4.69 million, a PE ratio of -1.24 and a beta of 2.16. The firm has a fifty day simple moving average of C$0.13 and a two-hundred day simple 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.

Atico Mining Company Profile

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.