Atico Mining (CVE:ATY) Trading Up 33.3% – Still a Buy?
by Mitch Edgeman · The Markets DailyAtico Mining Co. (CVE:ATY – Get Free Report)’s stock price rose 33.3% on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 1,399,273 shares were traded 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 Stock Performance
The company’s 50-day moving average is C$0.13 and its two-hundred day moving average is C$0.14. The company has a market capitalization of C$4.26 million, a P/E ratio of -1.12 and a beta of 2.16. 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
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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