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

by · The Markets Daily

Shares of Atico Mining Co. (CVE:ATY – Get Free Report) shot up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.06. 1,399,273 shares changed hands during mid-day trading, an increase of 1,422% from the average session volume of 91,952 shares. The stock had previously closed at C$0.05.

Atico Mining Trading Up 33.3 %

The firm has a market cap of C$5.12 million, a price-to-earnings ratio of -1.35 and a beta of 2.16. The company has a debt-to-equity ratio of 37.77, a current ratio of 1.37 and a quick ratio of 1.56. The firm’s fifty day moving average is C$0.13 and its 200-day moving average is C$0.14.

About Atico Mining

(Get Free Report)

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.

See Also