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

by · The Cerbat Gem

Atico Mining Co. (CVE:ATYGet Free Report) rose 33.3% on Tuesday . The company traded as high as C$0.07 and last traded at C$0.06. Approximately 1,399,273 shares traded 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 business has a fifty day moving average of C$0.13 and a two-hundred day moving average of C$0.14. The company has a market cap of C$4.26 million, a price-to-earnings ratio of -1.12 and a beta of 2.16.

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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