Atico Mining (CVE:ATY) Stock Price Up 44.4% – Still a Buy?

by · The Cerbat Gem

Atico Mining Co. (CVE:ATY – Get Free Report) shot up 44.4% during mid-day trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. 1,227,273 shares were traded during mid-day trading, an increase of 1,297% from the average session volume of 87,863 shares. The stock had previously closed at C$0.05.

Atico Mining Stock Up 33.3 %

The firm has a market cap of C$5.12 million, a PE ratio of -1.35 and a beta of 2.16. 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 debt-to-equity ratio of 37.77, a current ratio of 1.37 and a quick ratio of 1.56.

Atico Mining Company Profile

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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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