Atico Mining (CVE:ATY) Stock Jumps 13.6% – Time to Buy?

Atico Mining Co. (CVE:ATY – Get Free Report)’s share price shot up 13.6% on Wednesday. The stock traded as high as C$0.29 and last traded at C$0.25. 365,575 shares changed hands during mid-day trading, an increase of 147% from the average daily volume of 147,906 shares. The stock had previously closed at C$0.22.

Atico Mining Price Performance

The company has a 50 day moving average of C$0.23 and a two-hundred day moving average of C$0.24. The firm has a market cap of C$45.35 million, a P/E ratio of -2.50 and a beta of 1.37. The company has a quick ratio of 1.56, a current ratio of 0.67 and a debt-to-equity ratio of 66.78.

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

Further Reading

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