Atico Mining (ATY) Reaches New 1-Year Low at $0.39

Atico Mining Corp (CVE:ATY) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.39 and last traded at C$0.39, with a volume of 39700 shares changing hands. The stock had previously closed at C$0.41.

Several research analysts have recently commented on the stock. M Partners reaffirmed a “buy” rating on shares of Atico Mining in a report on Thursday, May 31st. Eight Capital reduced their target price on shares of Atico Mining from C$0.90 to C$0.75 in a research note on Monday, August 20th.

Atico Mining (CVE:ATY) last posted its earnings results on Tuesday, August 14th. The company reported C$0.04 earnings per share (EPS) for the quarter. The firm had revenue of C$26.33 million during the quarter. Atico Mining had a net margin of 7.30% and a return on equity of 7.55%.

Atico Mining Company Profile (CVE:ATY)

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver deposits. Its principal project is the El Roble mine, which covers an area of 6,679 hectares located in Choco, Colombia. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

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