Insider Buying: Atalaya Mining Plc (LON:ATYM) Insider Buys 13,912 Shares of Stock

Atalaya Mining Plc (LON:ATYM) insider Jesus Fernandez Lopez purchased 13,912 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were acquired at an average cost of GBX 350 ($4.43) per share, with a total value of £48,692 ($61,627.64).

Atalaya Mining Stock Performance

Shares of ATYM stock opened at GBX 359 ($4.54) on Tuesday. 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 £505.33 million, a price-to-earnings ratio of 1,777.50, a price-to-earnings-growth ratio of -2.02 and a beta of 1.64. Atalaya Mining Plc has a one year low of GBX 308 ($3.90) and a one year high of GBX 493.50 ($6.25). The company’s 50-day moving average is GBX 371.34 and its 200 day moving average is GBX 387.35.

Analyst Ratings Changes

ATYM has been the subject of several recent research reports. Canaccord Genuity Group lowered their target price on shares of Atalaya Mining from GBX 585 ($7.40) to GBX 555 ($7.02) and set a “buy” rating for the company in a report on Wednesday, November 13th. Berenberg Bank lowered their price objective on Atalaya Mining from GBX 480 ($6.08) to GBX 460 ($5.82) and set a “hold” rating for the company in a research note on Monday, October 14th.

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.