Atico Mining (CVE:ATY) Stock Price Down 39.3% – What’s Next?

Atico Mining Co. (CVE:ATYGet Free Report) was down 39.3% during mid-day trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 319,700 shares were traded during trading, an increase of 679% from the average daily volume of 41,031 shares. The stock had previously closed at C$0.14.

Atico Mining Price Performance

The business’s 50 day moving average is C$0.13 and its 200-day moving average is C$0.14. The company has a quick ratio of 1.56, a current ratio of 1.37 and a debt-to-equity ratio of 37.77. The firm has a market capitalization of C$5.12 million, a P/E ratio of -1.35 and a beta of 2.16.

About Atico Mining

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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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