Atico Mining (CVE:ATY) Trading 15.9% Higher – Time to Buy?

Atico Mining Co. (CVE:ATYGet Free Report) rose 15.9% during mid-day trading on Wednesday . The company traded as high as C$0.42 and last traded at C$0.40. Approximately 501,155 shares changed hands during trading, an increase of 13% from the average daily volume of 443,360 shares. The stock had previously closed at C$0.35.

Atico Mining Stock Up 15.9%

The stock’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.20. The stock has a market cap of C$72.20 million, a P/E ratio of -2.75 and a beta of 1.73. The company has a debt-to-equity ratio of 37.77, a quick ratio of 1.56 and a current ratio of 1.37.

Atico Mining Company Profile

(Get Free Report)

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver, lead, and zinc deposits. Its holds interest in the El Roble mine located in Department of Choco, Colombia; and the La Plata project located in Ecuador. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

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