Atico Mining (CVE:ATY) Shares Up 33.3% – Still a Buy?

Shares of Atico Mining Co. (CVE:ATY) were up 33.3% during trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.06. Approximately 1,399,273 shares traded hands during mid-day trading, an increase of 1,422% from the average daily volume of 91,952 shares. The stock had previously closed at C$0.05.

Atico Mining Price Performance

The company has a debt-to-equity ratio of 37.77, a quick ratio of 1.56 and a current ratio of 1.37. The company has a market capitalization of C$5.12 million, a PE ratio of -1.35 and a beta of 2.16. The company’s 50-day simple moving average is C$0.13 and its 200-day simple moving average is C$0.14.

Atico Mining Company Profile

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.