Berenberg Bank Trims Atalaya Mining (LON:ATYM) Target Price to GBX 460

Atalaya Mining (LON:ATYM) had its target price reduced by Berenberg Bank from GBX 480 ($6.27) to GBX 460 ($6.01) in a report released on Monday morning, MarketBeat reports. They currently have a hold rating on the stock.

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 585 ($7.64) price objective on shares of Atalaya Mining in a report on Wednesday, August 14th.

Atalaya Mining Stock Up 0.3 %

Shares of ATYM opened at GBX 362 ($4.73) on Monday. The company has a debt-to-equity ratio of 6.27, a current ratio of 1.65 and a quick ratio of 1.64. Atalaya Mining has a one year low of GBX 281 ($3.67) and a one year high of GBX 493.50 ($6.44). The company has a market cap of £509.55 million, a P/E ratio of 1,810.00, a P/E/G ratio of -2.02 and a beta of 1.64. The firm has a 50 day simple moving average of GBX 376.83 and a two-hundred day simple moving average of GBX 404.33.

Atalaya Mining Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, August 22nd were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a yield of 0.92%. Atalaya Mining’s payout ratio is currently 3,000.00%.

Insiders Place Their Bets

In other Atalaya Mining news, insider Neil Gregson purchased 5,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was acquired at an average price of GBX 343 ($4.48) per share, for a total transaction of £17,150 ($22,394.88). Company insiders own 31.43% of the company’s stock.

Atalaya Mining Company Profile

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is the Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold.