Atico Mining (CVE:ATY) Shares Down 16.7% – Here’s Why

Shares of Atico Mining Co. (CVE:ATYGet Free Report) dropped 16.7% on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 295,180 shares traded hands during mid-day trading, an increase of 206% from the average daily volume of 96,370 shares. The stock had previously closed at C$0.06.

Atico Mining Price Performance

The firm has a market capitalization of C$4.26 million, a PE ratio of -1.12 and a beta of 2.16. The company has a debt-to-equity ratio of 37.77, a current ratio of 1.37 and a quick ratio of 1.56. The business’s 50 day moving average is C$0.13 and its two-hundred day moving average is C$0.14.

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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