How Analysts Feel About Atico Mining Corp After Today’s Huge Decline?

 How Analysts Feel About Atico Mining Corp After Today's Huge Decline?

The stock of Atico Mining Corp (CVE:ATY) is a huge mover today! About 135,892 shares traded hands or 31.15% up from the average. Atico Mining Corp (CVE:ATY) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 9 months negative chart setup for the $78.00 million company. It was reported on Nov, 3 by Barchart.com. We have $0.69 PT which if reached, will make CVE:ATY worth $10.14 million less.

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 5.06% above today’s ($0.79) stock price. Atico Mining has been the topic of 6 analyst reports since August 26, 2015 according to StockzIntelligence Inc.

More recent Atico Mining Corp (CVE:ATY) news were published by: Investingnews.com which released: “Atico Mining” on July 05, 2016. Also Blogs.Wsj.com published the news titled: “CFO Moves: Monster Worldwide, Bonobos, NGL Energy, Atico Mining” on February 23, 2016. Seekingalpha.com‘s news article titled: “I’m Glad I Wasn’t Wrong About Atico Mining!” with publication date: June 19, 2016 was also an interesting one.

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 $78.00 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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