Atalaya Mining Plc (LON:ATYM) Declares Dividend of $0.04

Atalaya Mining Plc (LON:ATYM) declared a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be given a dividend of $0.04 per share on Thursday, September 19th. This represents a yield of 0.92%. The ex-dividend date is Thursday, August 22nd. The official announcement can be seen at this link.

Atalaya Mining Stock Performance

Shares of ATYM stock opened at GBX 392 ($5.09) on Wednesday. Atalaya Mining has a 12 month low of GBX 281 ($3.65) and a 12 month high of GBX 493.50 ($6.41). The firm has a market capitalization of £551.78 million, a PE ratio of 1,838.10, a price-to-earnings-growth ratio of -2.02 and a beta of 1.67. The firm has a fifty day simple moving average of GBX 393.21 and a two-hundred day simple moving average of GBX 393.20. The company has a current ratio of 1.65, a quick ratio of 1.64 and a debt-to-equity ratio of 6.27.

Insider Activity

In other Atalaya Mining news, insider Neil Gregson bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were bought at an average cost of GBX 343 ($4.46) per share, with a total value of £17,150 ($22,284.30). In related news, insider Jesus Fernandez Lopez acquired 92,500 shares of the stock in a transaction on Friday, June 14th. The stock was acquired at an average cost of GBX 400 ($5.20) per share, for a total transaction of £370,000 ($480,769.23). Also, insider Neil Gregson acquired 5,000 shares of the stock in a transaction on Thursday, August 15th. The shares were bought at an average price of GBX 343 ($4.46) per share, with a total value of £17,150 ($22,284.30). Corporate insiders own 31.43% of the company’s stock.

Analysts Set New Price Targets

ATYM has been the topic of a number of research analyst reports. Berenberg Bank reissued a “hold” rating and set a GBX 480 ($6.24) price objective on shares of Atalaya Mining in a report on Wednesday, August 14th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 585 ($7.60) price objective on shares of Atalaya Mining in a report on Wednesday, August 14th.

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.