Neil Gregson Purchases 51 Shares of Atalaya Mining Plc (LON:ATYM) Stock

Atalaya Mining Plc (LON:ATYM) insider Neil Gregson purchased 51 shares of the business’s stock in a transaction dated Thursday, January 30th. The stock was bought at an average cost of GBX 345 ($4.28) per share, with a total value of £175.95 ($218.16).

Atalaya Mining Price Performance

Shares of LON:ATYM opened at GBX 344 ($4.27) on Friday. The company has a market cap of £484.21 million, a P/E ratio of 1,720.00, a P/E/G ratio of -2.02 and a beta of 1.64. The business has a fifty day simple moving average of GBX 354.67 and a 200-day simple moving average of GBX 364.73. Atalaya Mining Plc has a 52 week low of GBX 315 ($3.91) and a 52 week high of GBX 493.50 ($6.12). The company has a quick ratio of 1.64, a current ratio of 1.65 and a debt-to-equity ratio of 6.27.

Analysts Set New Price Targets

ATYM has been the subject of several analyst reports. Berenberg Bank cut their target price on shares of Atalaya Mining from GBX 480 ($5.95) to GBX 460 ($5.70) and set a “hold” rating for the company in a research note on Monday, October 14th. Canaccord Genuity Group reduced their price objective on shares of Atalaya Mining from GBX 585 ($7.25) to GBX 555 ($6.88) and set a “buy” rating on the stock in a research note on Wednesday, November 13th.

About Atalaya Mining

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya’s shares trade on the London Stock Exchange’s Main Market (Premium Segment) under the symbol “ATYM”.

Atalaya’s operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East.