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

by · The Markets Daily

Atico Mining Co. (CVE:ATY – Get Free Report)’s share price rose 44.4% during trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 822,323 shares changed hands during trading, an increase of 939% from the average daily volume of 79,131 shares. The stock had previously closed at C$0.05.

Atico Mining Stock Performance

The company has a quick ratio of 1.56, a current ratio of 1.37 and a debt-to-equity ratio of 37.77. The firm has a 50-day moving average price of C$0.13 and a two-hundred day moving average price of C$0.14. The firm has a market cap of C$5.12 million, a PE ratio of -1.35 and a beta of 2.16.

About Atico Mining

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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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