Atico Mining (CVE:ATY) Shares Down 16.7% – Here’s Why

Atico Mining Co. (CVE:ATYGet Free Report)’s share price traded down 16.7% during trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. 295,180 shares were traded during trading, an increase of 206% from the average session volume of 96,370 shares. The stock had previously closed at C$0.06.

Atico Mining Price Performance

The business’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.14. The company has a market capitalization of C$4.26 million, a P/E ratio of -1.12 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.

Atico Mining Company Profile

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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.

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