Atico Mining (CVE:ATY) Stock Price Up 33.3% – Time to Buy?

Shares of Atico Mining Co. (CVE:ATYGet Free Report) shot up 33.3% during trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.06. 1,399,273 shares traded hands during trading, an increase of 1,422% from the average session volume of 91,952 shares. The stock had previously closed at C$0.05.

Atico Mining Stock Performance

The stock has a 50 day moving average price of C$0.13 and a two-hundred day moving average price of C$0.14. The company has a debt-to-equity ratio of 37.77, a current ratio of 1.37 and a quick ratio of 1.56. The company has a market capitalization of C$4.26 million, a price-to-earnings ratio of -1.12 and a beta of 2.16.

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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