It Seems Atalaya Mining PLC Will Go Up. Have Another Big Increase

 It Seems Atalaya Mining PLC Will Go Up. Have Another Big Increase

The stock of Atalaya Mining PLC (LON:ATYM) is a huge mover today! The stock increased 5.70% or GBX 4.5 on November 4, hitting GBX 83.5. About 129,379 shares traded hands or 174.27% up from the average. Atalaya Mining PLC (LON:ATYM) has declined 15.23% since April 7, 2016 and is downtrending. It has underperformed by 16.32% the S&P500.
The move comes after 7 months positive chart setup for the GBX 97.34M company. It was reported on Nov, 4 by Barchart.com. We have GBX 222.95 PT which if reached, will make LON:ATYM worth GBX 162.56M more.

Atalaya Mining PLC (LON:ATYM) Ratings Coverage

Out of 3 analysts covering Atalaya Mining Plc (LON:ATYM), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Atalaya Mining Plc has been the topic of 26 analyst reports since November 18, 2015 according to StockzIntelligence Inc. The rating was maintained by FinnCap on Thursday, July 14 with “Buy”. The stock has “Buy” rating given by Peel Hunt on Thursday, May 5. The stock of Atalaya Mining PLC (LON:ATYM) has “Buy” rating given on Monday, January 18 by Peel Hunt. The rating was maintained by Peel Hunt with “Buy” on Wednesday, November 2. The firm has “Buy” rating given on Wednesday, May 4 by FinnCap. The firm earned “Buy” rating on Tuesday, October 11 by Peel Hunt. The firm has “Speculative Buy” rating given on Tuesday, October 11 by Canaccord Genuity. FinnCap maintained it with “Buy” rating and GBX 195 target price in Monday, March 21 report. The firm has “Buy” rating by FinnCap given on Tuesday, September 20. FinnCap maintained Atalaya Mining PLC (LON:ATYM) rating on Wednesday, June 15. FinnCap has “Buy” rating and GBX 195 price target.

More recent Atalaya Mining PLC (LON:ATYM) news were published by: Marketwired.com which released: “Atalaya Mining plc: Filing of NI 43-101 Technical Report” on September 29, 2016. Also Marketwired.com published the news titled: “Atalaya Mining PLC: Updated Reserves and Resources Statement” on July 14, 2016. Marketwired.com‘s news article titled: “Atalaya Mining PLC Announces Q3 2016 Operational Update” with publication date: October 11, 2016 was also an interesting one.

Atalaya Mining PLC, formerly EMED Mining Public Limited, is a Cyprus new European copper firm focused on the re-start of production at the Rio Tinto Copper Project. The company has a market cap of 97.34 million GBP. It comprises a number of deposits including one of the largest copper deposits in Spain and is located in the Iberian Pyrite Belt. It currently has negative earnings.

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