Atalaya Mining Plc Plans Dividend of $0.04 (LON:ATYM)

Atalaya Mining Plc (LON:ATYM) declared a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be paid a dividend of $0.04 per share on Thursday, September 19th. This represents a dividend yield of 0.92%. The ex-dividend date is Thursday, August 22nd. The official announcement can be accessed at this link.

Atalaya Mining Price Performance

Shares of Atalaya Mining stock traded up GBX 2 ($0.03) on Wednesday, hitting GBX 342.50 ($4.37). The company’s stock had a trading volume of 393,802 shares, compared to its average volume of 291,504. The company has a debt-to-equity ratio of 14.43, a quick ratio of 1.64 and a current ratio of 1.53. Atalaya Mining has a 1 year low of GBX 281 ($3.59) and a 1 year high of GBX 493.50 ($6.30). The firm has a fifty day moving average price of GBX 398.13 and a 200-day moving average price of GBX 392.11. The company has a market capitalization of £479.40 million, a price-to-earnings ratio of 1,478.26, a price-to-earnings-growth ratio of -2.02 and a beta of 1.64.

Wall Street Analyst Weigh In

ATYM has been the subject of several research reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 585 ($7.47) price objective on shares of Atalaya Mining in a research note on Wednesday. Berenberg Bank reiterated a “hold” rating and set a GBX 480 ($6.13) price objective on shares of Atalaya Mining in a research note on Wednesday.

Insiders Place Their Bets

In other news, insider Jesus Fernandez Lopez acquired 92,500 shares of the business’s stock in a transaction on Friday, June 14th. The stock was bought at an average cost of GBX 400 ($5.11) per share, for a total transaction of £370,000 ($472,420.84). 31.54% of the stock is owned by company insiders.

Atalaya Mining Company Profile

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is the Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold.