Atalaya Mining PLC 24.8% potential upside indicated by Peel Hunt LLP

Atalaya Mining PLC with ticker (LON:ATYM) now has a potential upside of 24.8% according to Peel Hunt LLP.



Peel Hunt LLP set a target price of 525 GBX for the company, which when compared to the Atalaya Mining PLC share price of 395 GBX at opening today (29/10/2021) indicates a potential upside of 24.8%. Trading has ranged between 170 (52 week low) and 415 (52 week high) with an average of 341,614 shares exchanging hands daily. The market capitalisation at the time of writing is £552,403,473.

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. The open-pit mine has Ore Reserves totaling approximately 600,000 tones of contained copper and a processing facility.