Atalaya Mining (LON:ATYM) Price Target Cut to GBX 310 by Analysts at Peel Hunt

Atalaya Mining (LON:ATYM) had its price target decreased by Peel Hunt from GBX 320 ($4.18) to GBX 310 ($4.05) in a research report released on Wednesday, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a buy rating on the stock.

Separately, Canaccord Genuity dropped their price objective on shares of Ferguson from GBX 5,810 ($75.92) to GBX 5,700 ($74.48) and set a buy rating on the stock in a report on Friday, March 29th.

ATYM opened at GBX 208 ($2.72) on Wednesday. The stock has a market capitalization of $285.67 million and a P/E ratio of 7.59. The business has a 50 day simple moving average of GBX 208.03. Atalaya Mining has a 12-month low of GBX 188 ($2.46) and a 12-month high of GBX 265 ($3.46).

In other news, insider Alberto Lavandeira purchased 50,000 shares of the stock in a transaction on Wednesday, May 29th. The shares were acquired at an average price of GBX 207 ($2.70) per share, with a total value of £103,500 ($135,241.08).

Atalaya Mining Company Profile

Atalaya Mining Plc, together with its subsidiaries, explores for and develops metal properties in Europe. It holds a 100% interest in the Proyecto Riotinto project, an open-pit copper mine located in Andalucía, Spain. The company was formerly known as EMED Mining Public Limited and changed its name to Atalaya Mining Plc in October 2015.

Recommended Story: What is a Roth IRA?

Receive News & Ratings for Atalaya Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atalaya Mining and related companies with MarketBeat.com's FREE daily email newsletter.