What’s Ahead for Atico Mining Corp After Today’s Huge Increase?


 What's Ahead for Atico Mining Corp After Today's Huge Increase?

The stock of Atico Mining Corp (CVE:ATY) is a huge mover today! About 68,225 shares traded hands or 82.18% up from the average. Atico Mining Corp (CVE:ATY) has risen 6.00% since September 17, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
The move comes after 7 months positive chart setup for the $52.45 million company. It was reported on Oct, 17 by Barchart.com. We have $0.99 PT which if reached, will make CVE:ATY worth $38.29 million more.

Atico Mining Corp (CVE:ATY) Ratings Coverage

Out of 3 analysts covering Atico Mining (CVE:ATY), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $0.90 is the highest target while $0.70 is the lowest. The $0.83 average target is 45.61% above today’s ($0.57) stock price. Atico Mining has been the topic of 6 analyst reports since August 26, 2015 according to StockzIntelligence Inc.

More notable recent Atico Mining Corp (CVE:ATY) news were published by: Investingnews.com which released: “Atico Mining” on July 05, 2016, also Blogs.Wsj.com with their article: “CFO Moves: Monster Worldwide, Bonobos, NGL Energy, Atico Mining” published on February 23, 2016, Reuters.com published: “BRIEF-Atico Mining produces 4.79 mln pounds of Cu in Q2” on July 18, 2016. More interesting news about Atico Mining Corp (CVE:ATY) were released by: Seekingalpha.com and their article: “I’m Glad I Wasn’t Wrong About Atico Mining!” published on June 19, 2016 as well as Stockhouse.com‘s news article titled: “Peruvian mining family eyes upside with Atico Mining (V.ATY) in Colombia” with publication date: March 11, 2014.

Atico Mining Corporation is a Canada firm engaged in copper-gold mining and related activities, including exploration, development, extraction and processing in Colombia, and the acquisition, exploration and development of copper and gold projects in Latin America. The company has a market cap of $52.45 million. The Company, through Minera El Roble S.A. , has interests in the El Roble mining property (El Roble). It currently has negative earnings. El Roble is an operating copper-gold mine in Colombia.

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