Atico Mining (CVE:ATY) Trading Down 39.3% – What’s Next?

Atico Mining Co. (CVE:ATYGet Free Report) fell 39.3% on Monday . The company traded as low as C$0.08 and last traded at C$0.09. 339,200 shares traded hands during mid-day trading, an increase of 727% from the average session volume of 41,031 shares. The stock had previously closed at C$0.14.

Atico Mining Stock Performance

The company has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.14. The firm has a market capitalization of C$4.69 million, a P/E ratio of -1.24 and a beta of 2.16. The company has a current ratio of 1.37, a quick ratio of 1.56 and a debt-to-equity ratio of 37.77.

About Atico Mining

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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.

Further Reading

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