Atico Mining (CVE:ATY) Trading 33.3% Higher – Still a Buy?

by · The Cerbat Gem

Atico Mining Co. (CVE:ATY – Get Free Report)’s stock price rose 33.3% during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.06. Approximately 1,399,273 shares changed hands during 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 debt-to-equity ratio of 37.77, a current ratio of 1.37 and a quick ratio of 1.56. The company has a market capitalization of C$5.12 million, a PE ratio of -1.35 and a beta of 2.16. The stock’s 50 day simple moving average is C$0.13 and its 200-day simple 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.

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