Atico Mining (CVE:ATY) Stock Passes Below 200-Day Moving Average of $0.00

Shares of Atico Mining Corp (CVE:ATY) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as low as $0.30. Atico Mining shares last traded at $0.30, with a volume of 9,500 shares changing hands.

The company’s fifty day moving average is C$0.29. The firm has a market cap of $29.06 million and a PE ratio of 6.28. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 6.52.

Atico Mining (CVE:ATY) last released its earnings results on Thursday, May 30th. The company reported C$0.03 earnings per share (EPS) for the quarter. The business had revenue of C$28.06 million for the quarter. As a group, research analysts forecast that Atico Mining Corp will post 0.06 EPS for the current year.

About Atico Mining (CVE:ATY)

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver deposits. Its principal project is the El Roble mine, which covers an area of 6,679 hectares located in Choco, Colombia. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

Further Reading: Trading based on a resistance level

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