Atalaya Mining Plc (LON:ATYM - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 366.26 ($4.72) and traded as high as GBX 375 ($4.83). Atalaya Mining shares last traded at GBX 369.50 ($4.76), with a volume of 182,763 shares trading hands.

Separately, Canaccord Genuity Group dropped their price objective on Atalaya Mining from GBX 585 ($7.54) to GBX 555 ($7.15) and set a "buy" rating for the company in a research note on Wednesday, November 13th.

Read Our Latest Stock Report on Atalaya Mining

The company has a market capitalization of £647.62 million, a PE ratio of 23.55, a P/E/G ratio of -2.02 and a beta of 1.64. The company has a current ratio of 1.53, a quick ratio of 1.64 and a debt-to-equity ratio of 7.71. The stock has a fifty day simple moving average of GBX 366.65 and a 200-day simple moving average of GBX 367.74.

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya's shares trade on the London Stock Exchange's Main Market under the symbol "ATYM". Atalaya's operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East.

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