Atico Mining (CVE:ATY) Trading Up 33.3% – Should You Buy?

Atico Mining Co. (CVE:ATY)’s share price rose 33.3% during trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 1,399,273 shares changed hands during mid-day trading, an increase of 1,422% from the average daily volume of 91,952 shares. The stock had previously closed at C$0.05.

Atico Mining Price Performance

The company has a current ratio of 1.37, a quick ratio of 1.56 and a debt-to-equity ratio of 37.77. The company has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.14. The company has a market cap of C$4.26 million, a P/E ratio of -1.12 and a beta of 2.16.

About Atico Mining

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.