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Atalaya Mining Launches £130 Million Equity Raise to Accelerate Spanish Copper Growth

Story Highlights
  • Atalaya Mining will raise about £130 million via a share placing and UK retail offer.
  • Funds will accelerate Spanish copper projects, advance Touro and strengthen Atalaya’s growth profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Atalaya Mining Launches £130 Million Equity Raise to Accelerate Spanish Copper Growth

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Atalaya Mining ( (GB:ATYM) ) just unveiled an update.

Atalaya Mining plans to raise about £130 million through a non-pre-emptive institutional placing and a separate UK retail offer of new shares, with admission of the new stock to trading on the London Stock Exchange targeted for early February 2026. The proceeds are earmarked to accelerate development and resource growth across its copper projects in Spain’s Riotinto District, advance early works at the Touro project, and bolster balance-sheet flexibility for Touro’s broader funding package, while preserving the company’s existing €122 million net cash position; together these initiatives aim to double copper-equivalent output, extend mine life and reinforce Atalaya’s aspiration to become a leading Spanish copper producer.

The most recent analyst rating on (GB:ATYM) stock is a Hold with a £1129.00 price target. To see the full list of analyst forecasts on Atalaya Mining stock, see the GB:ATYM Stock Forecast page.

Spark’s Take on GB:ATYM Stock

According to Spark, TipRanks’ AI Analyst, GB:ATYM is a Neutral.

The score is primarily supported by strong profitability and improving free cash flow alongside low leverage. This is offset by elevated technical overbought signals that raise near-term risk, and a valuation profile that is only moderate with a low dividend yield.

To see Spark’s full report on GB:ATYM stock, click here.

More about Atalaya Mining

Atalaya Mining Copper, S.A. is a European pure-play copper producer operating the Proyecto Riotinto mine in Spain since 2016. The company produced 51,139 tonnes of copper in 2025 and has guided 2026 output of 50,000 to 54,000 tonnes, with a portfolio of Spanish projects, including Proyecto Touro and several assets in the Riotinto District, that could lift annual production to around 100,000 tonnes of copper equivalent, positioning it as an intermediate, multi-asset copper producer. Atalaya, whose shares were added to the FTSE 250 in 2025, is led by an experienced management team and board with deep mining, capital markets, sustainability and finance expertise.

Average Trading Volume: 463,386

Technical Sentiment Signal: Buy

Current Market Cap: £1.48B

For a thorough assessment of ATYM stock, go to TipRanks’ Stock Analysis page.

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