Atico Mining (CVE:ATY) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Atico Mining Co. (CVE:ATY)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.27 and traded as low as C$0.22. Atico Mining shares last traded at C$0.23, with a volume of 35,800 shares trading hands.

Atico Mining Stock Up 2.2%

The stock’s fifty day moving average is C$0.23 and its two-hundred day moving average is C$0.27. The company has a current ratio of 0.73, a quick ratio of 1.56 and a debt-to-equity ratio of 70.32. The company has a market capitalization of C$41.71 million, a PE ratio of -2.88 and a beta of 1.71.

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. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.