Peel Hunt Increases Atalaya Mining PLC (ATYM) Price Target to GBX 160

Atalaya Mining PLC (LON:ATYM) had its price target hoisted by equities researchers at Peel Hunt from GBX 155 ($2.02) to GBX 160 ($2.09) in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. Peel Hunt’s price objective would suggest a potential upside of 82.86% from the stock’s current price.

A number of other analysts have also recently issued reports on ATYM. Canaccord Genuity restated a “speculative buy” rating and set a GBX 155 ($2.02) price objective on shares of Atalaya Mining PLC in a research report on Thursday, May 26th. FinnCap restated a “buy” rating and set a GBX 195 ($2.55) price objective on shares of Atalaya Mining PLC in a research report on Wednesday, June 15th.

Atalaya Mining PLC (LON:ATYM) opened at 87.50 on Wednesday. The firm’s market capitalization is GBX 102.09 million. Atalaya Mining PLC has a 12-month low of GBX 58.50 and a 12-month high of GBX 133.50. The company’s 50-day moving average price is GBX 86.76 and its 200-day moving average price is GBX 98.09.

About Atalaya Mining PLC

Atalaya Mining PLC, formerly EMED Mining Public Limited, is a Cyprus-based new European copper company focused on the re-start of production at the Rio Tinto Copper Project. It comprises a number of deposits including one of the largest copper deposits in Spain and is located in the Iberian Pyrite Belt.

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