Atalaya Mining PLC (LON:ATYM) rose 14.5% during trading on Friday . The stock traded as high as GBX 263.45 ($3.44) and last traded at GBX 261.15 ($3.41). Approximately 119,920 shares traded hands during trading, an increase of 23% from the average daily volume of 97,824 shares. The stock had previously closed at GBX 228 ($2.98).
ATYM has been the subject of several recent analyst reports. Peel Hunt reaffirmed a “buy” rating on shares of Atalaya Mining in a research note on Wednesday, September 26th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 315 ($4.12) target price on shares of Atalaya Mining in a research note on Wednesday.
About Atalaya Mining (LON:ATYM)
Atalaya Mining Plc, together with its subsidiaries, explores for and develops metal properties in Europe. It holds a 100% interest in the Proyecto Riotinto project, an open-pit copper mine located in Andalucía, Spain. The company was formerly known as EMED Mining Public Limited and changed its name to Atalaya Mining Plc in October 2015.
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