Atico Mining (CVE:ATY) Shares Down 16.7% – Should You Sell?

Shares of Atico Mining Co. (CVE:ATYGet Free Report) dropped 16.7% during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 295,180 shares were traded during mid-day trading, an increase of 206% from the average daily volume of 96,370 shares. The stock had previously closed at C$0.06.

Atico Mining Price Performance

The stock has a market capitalization of C$4.69 million, a PE ratio of -1.24 and a beta of 2.16. The firm’s fifty day moving average price is C$0.13 and its two-hundred day moving average price is C$0.14. The company has a quick ratio of 1.56, a current ratio of 1.37 and a debt-to-equity ratio of 37.77.

About Atico Mining

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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.

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