Peel Hunt Reiterates Buy Rating for Atalaya Mining (ATYM)

Atalaya Mining (LON:ATYM)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They currently have a GBX 230 ($3.08) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 39.39% from the company’s previous close.

Several other analysts have also recently commented on ATYM. FinnCap raised their target price on Atalaya Mining from GBX 195 ($2.61) to GBX 238 ($3.18) and gave the company a “buy” rating in a research report on Thursday, September 7th. Canaccord Genuity restated a “buy” rating and issued a GBX 270 ($3.61) target price on shares of Atalaya Mining in a research report on Thursday, October 12th.

Shares of Atalaya Mining (LON:ATYM) opened at GBX 165 ($2.21) on Thursday. Atalaya Mining has a 1 year low of GBX 111 ($1.48) and a 1 year high of £164 ($219.28). The company has a market capitalization of $222.00 and a P/E ratio of 660.00.

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About Atalaya Mining

Atalaya Mining PLC, formerly EMED Mining Public Limited, is a Cyprus-based new European copper company focused on the re-start of production at the Rio Tinto Copper Project. It comprises a number of deposits including one of the largest copper deposits in Spain and is located in the Iberian Pyrite Belt.

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