Atico Mining (CVE:ATY) Trading 22.2% Higher – Still a Buy?

Atico Mining Co. (CVE:ATYGet Free Report)’s share price was up 22.2% during trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 416,263 shares were traded during trading, an increase of 534% from the average daily volume of 65,630 shares. The stock had previously closed at C$0.05.

Atico Mining Price Performance

The stock has a market cap 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. The business has a 50-day simple moving average of C$0.13 and a 200-day simple moving average of C$0.14.

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.

Further Reading

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