Atico Mining (CVE:ATY) Shares Down 16.7% – What’s Next?

Atico Mining Co. (CVE:ATY) shares fell 16.7% during trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. 295,180 shares traded hands during trading, an increase of 206% from the average session volume of 96,370 shares. The stock had previously closed at C$0.06.

Atico Mining Stock Performance

The stock has a fifty day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.14. The company has a debt-to-equity ratio of 37.77, a quick ratio of 1.56 and a current ratio of 1.37. The stock has a market capitalization of C$4.26 million, a price-to-earnings ratio of -1.12 and a beta of 2.16.

Atico Mining Company Profile

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.