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

Atico Mining Co. (CVE:ATY) shares rose 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 changed 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 Trading Up 33.3 %

The firm has a market capitalization of C$5.12 million, a P/E ratio of -1.35 and a beta of 2.16. The business’s 50 day moving average is C$0.13 and its two-hundred day moving average is C$0.14. The company has a quick ratio of 1.56, a current ratio of 1.37 and a debt-to-equity ratio of 37.77.

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.