Atico Mining (CVE:ATY) Trading Up 22.2% – Should You Buy?

Atico Mining Co. (CVE:ATYGet Free Report) shares shot up 22.2% during mid-day trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.06. 416,263 shares traded hands during trading, an increase of 534% from the average session volume of 65,630 shares. The stock had previously closed at C$0.05.

Atico Mining Stock Performance

The stock has a market cap of C$5.12 million, a price-to-earnings ratio of -1.35 and a beta of 2.16. The firm has a fifty day simple moving average of C$0.13 and a 200 day simple moving average of C$0.14. 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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