Atalaya Mining (LON:ATYM – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity Group in a research note issued on Monday, Digital Look reports. They currently have a GBX 595 ($7.62) price objective on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 46.19% from the stock’s previous close.
Separately, Berenberg Bank upped their target price on Atalaya Mining from GBX 410 ($5.25) to GBX 480 ($6.15) and gave the company a “hold” rating in a research report on Tuesday, May 21st.
View Our Latest Report on ATYM
Atalaya Mining Stock Performance
Insiders Place Their Bets
In other Atalaya Mining news, insider Jesus Fernandez Lopez purchased 92,500 shares of the stock in a transaction on Friday, June 14th. The shares were bought at an average cost of GBX 400 ($5.12) per share, with a total value of £370,000 ($473,933.65). 31.54% of the stock is currently owned by insiders.
About Atalaya Mining
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.
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