Atico Mining (CVE:ATY) Trading Down 16.7% – Here’s What Happened

Shares of Atico Mining Co. (CVE:ATYGet Free Report) dropped 16.7% during mid-day trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 295,180 shares changed hands during 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 P/E ratio of -1.12 and a beta of 2.16. The company has a current ratio of 1.37, a quick ratio of 1.56 and a debt-to-equity ratio of 37.77. The firm has a 50 day moving average price of C$0.13 and a 200-day moving average price of C$0.14.

About Atico Mining

(Get Free Report)

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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