Atico Mining’s (ATY) Buy Rating Reiterated at M Partners

M Partners restated their buy rating on shares of Atico Mining (CVE:ATY) in a research note released on Wednesday morning, reports. M Partners also issued estimates for Atico Mining’s FY2020 earnings at $0.08 EPS and FY2021 earnings at $0.15 EPS.

The business’s 50 day moving average price is C$0.31 and its 200-day moving average price is C$0.30. The company has a current ratio of 1.69, a quick ratio of 0.82 and a debt-to-equity ratio of 6.28. Atico Mining has a twelve month low of C$0.16 and a twelve month high of C$0.48. The stock has a market capitalization of $28.57 million and a P/E ratio of 22.11.

Atico Mining (CVE:ATY) last announced its quarterly earnings results on Wednesday, May 20th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$10.15 million for the quarter.

About Atico Mining

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.

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