Atalaya Mining (ATYM) AI Stock Analysis

• Market Cap: £1.15B
• Dividend Yield: 0.74%
• Average Volume (3M): 1.13M
• Price to Earnings (P/E): 16.3
• Beta (1Y): 1.94
• Revenue Growth: 23.97%
• EPS Growth: 216.41%
• Country: UK
• Employees: 492
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Copper
• EPS (TTM): 0.06
• Shares Outstanding: 140,759,050
• 10 Day Avg. Volume: 582,103
• 30 Day Avg. Volume: 1,128,272
• PEG Ratio: -1.30
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 1.86
• P/FCF Ratio: -76.05
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £853.00
• Price Target Upside: 4.53% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: 888.00p ▲(8.82% Upside)

Atalaya Mining's stock is supported by strong financial performance and bullish technical indicators. The solid profitability and cash flow management provide a stable foundation, while the technical analysis indicates strong upward momentum. However, the valuation is not particularly compelling, which slightly tempers the overall score.

Positive Factors

Cash Flow Management

Strong free cash flow growth indicates effective cash generation, which supports reinvestment and financial stability over the long term.

Profitability Margins

Robust profitability margins reflect efficient cost management and operational effectiveness, contributing to long-term business sustainability.

Leverage

Conservative leverage with a low debt-to-equity ratio enhances financial stability and reduces risk, supporting long-term growth potential.

Negative Factors

Revenue Growth Concerns

Negative revenue growth suggests difficulty in maintaining sales momentum, which could impact future profitability and market position.

Market Dependency

Dependence on global copper prices introduces volatility in revenue, affecting predictability and stability of financial performance.

Revenue Growth

Concerns about revenue growth highlight potential challenges in expanding market share, which could hinder long-term strategic objectives.

Atalaya Mining Business Overview & Revenue Model

Company Description

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is its 100% owned Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It produces copper concentrates, including silver by-products. The company was formerly known as EMED Mining Public Limited and changed its name to Atalaya Mining Plc in October 2015. Atalaya Mining Plc was incorporated in 2004 and is based in Nicosia, Cyprus.

How the Company Makes Money

Atalaya Mining generates revenue primarily through the sale of copper concentrates produced at its operational mines. The company's main revenue stream comes from the extraction and processing of copper ore, which is then sold to smelters and other industrial customers. The pricing of copper concentrates is closely linked to global copper prices, which can fluctuate based on market demand and supply dynamics. Additionally, Atalaya may benefit from by-product sales, such as gold and silver, which are extracted during the copper production process. Strategic partnerships with local and international stakeholders, along with efficient operational practices, also contribute to the company's profitability. Furthermore, ongoing exploration efforts to expand mineral resources and reserves can enhance future revenue potential.

Atalaya Mining Financial Statement Overview

Summary

Atalaya Mining demonstrates a solid financial foundation with strong profitability margins and effective cash flow management. While revenue growth has been a concern, the company's low leverage and efficient operations provide stability.

Income Statement

Atalaya Mining's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) gross profit margin is healthy at 27.12%, and the net profit margin is strong at 17.82%. However, revenue growth has been negative recently, indicating a potential challenge in maintaining sales momentum. The EBIT and EBITDA margins are robust, suggesting efficient cost management and operational effectiveness.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.064, indicating conservative leverage. The return on equity is solid at 13.90%, showing effective use of shareholder funds. However, the equity ratio is not explicitly provided, which limits a full assessment of asset financing.

Cash Flow

Cash flow analysis reveals strong free cash flow growth of 63.01% in the TTM, highlighting improved cash generation. The operating cash flow to net income ratio is 0.88, indicating good cash conversion. The free cash flow to net income ratio of 0.37 suggests a reasonable level of cash available for reinvestment or distribution.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	419.39M	326.80M	340.35M	361.85M	405.72M	252.78M
Gross Profit	126.14M	49.40M	55.92M	39.45M	181.37M	45.62M
EBITDA	153.01M	77.08M	77.22M	67.48M	194.02M	62.79M
Net Income	83.26M	31.74M	38.77M	33.16M	133.64M	31.48M
Balance Sheet
Total Assets	663.09M	675.85M	670.57M	663.07M	585.41M	505.05M
Cash, Cash Equivalents and Short-Term Investments	99.38M	52.90M	121.04M	126.15M	92.14M	37.85M
Total Debt	27.50M	21.59M	71.06M	78.28M	52.95M	5.39M
Total Liabilities	178.66M	157.31M	178.18M	196.77M	149.51M	154.85M
Stockholders Equity	579.08M	516.38M	501.50M	473.30M	440.81M	353.69M
Cash Flow
Free Cash Flow	62.94M	-8.01M	10.45M	-15.09M	114.25M	28.73M
Operating Cash Flow	125.93M	53.40M	64.74M	38.50M	148.84M	59.09M
Investing Cash Flow	-74.43M	-66.07M	-50.41M	-53.53M	-87.53M	-30.16M
Financing Cash Flow	-15.10M	-57.26M	-18.50M	22.41M	1.85M	760.00K

Atalaya Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 816.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ATYM, the sentiment is Positive. The current price of 816 is above the 20-day moving average (MA) of 764.85, above the 50-day MA of 706.12, and above the 200-day MA of 522.59, indicating a bullish trend. The MACD of 33.54 indicates Negative momentum. The RSI at 71.68 is Negative, neither overbought nor oversold. The STOCH value of 92.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ATYM.

Atalaya Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAML	74 Outperform	£318.77M	11.50	9.97%	5.15%	5.70%	-9.60%
ATYM	73 Outperform	£1.15B	16.34	15.06%	0.74%	23.97%	216.41%
ANTO	69 Neutral	£31.78B	37.67	11.88%	0.92%	13.52%	38.75%
GFM	68 Neutral	£453.84M	69.46	3.23%	―	-32.18%	-58.29%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FXPO	57 Neutral	£433.04M	-1.86	-33.39%	―	-5.85%	-413.36%

Atalaya Mining Corporate Events

Atalaya Mining Reports Strong Q3 2025 Financial Results, Confident in Copper Growth Strategy

Atalaya Mining reported strong financial results for the third quarter and the first nine months of 2025, with copper production reaching 12.1 kt in Q3 and 39.6 kt YTD. The company achieved a net cash position of €89.7 million, supporting its investments in copper growth projects. Despite a provision for a potential land tax re-assessment, Atalaya’s EBITDA for Q3 was €30.7 million, and €138.3 million YTD. The company remains on track to meet its full-year guidance, driven by solid operational performance and cost management, with cash costs and all-in sustaining costs showing improvement over the previous year. Atalaya continues to focus on advancing its core growth projects and remains confident in its copper growth strategy amid strengthening copper fundamentals.

Atalaya Mining to Announce Q3 and YTD 2025 Financial Results

Atalaya Mining has announced it will release its unaudited financial results for the third quarter and nine-month period ending September 30, 2025, on November 13, 2025. The company will host a webcast and a live presentation for analysts, investors, and shareholders to discuss these results, indicating a proactive approach to engaging with stakeholders and providing transparency about its financial performance.

Atalaya Mining Reports Strong Q3 2025 Performance and Strategic Advancements

Atalaya Mining’s Q3 2025 operations update reveals consistent production aligning with full-year guidance, supported by strong plant availability and favorable cost performance. The company’s financial position is robust, with increased cash reserves and a positive outlook for meeting its annual targets. Atalaya is actively advancing its project pipeline, including expansions at San Dionisio and ongoing drilling at San Antonio and Proyecto Masa Valverde. The company’s strategic initiatives, such as the E-LIX Phase I plant and Proyecto Touro, are progressing, with significant developments in environmental authorizations and strategic project status, positioning Atalaya to capitalize on a supply-constrained copper market.

Atalaya Mining Director Sells Significant Shareholding

Atalaya Mining announced that Jesús Fernández, a non-executive director, has sold 70,000 ordinary shares at a price of 620.12 pence each. This transaction reduces his holding to 68,412 shares, representing 0.05% of the company’s issued share capital. The sale was conducted in compliance with the EU Market Abuse Regulation. This move might indicate a shift in insider confidence or personal financial strategy, potentially impacting stakeholder perception.

Atalaya Mining CFO Sells 100,000 Shares

Atalaya Mining announced that Cesar Sanchez, the Chief Financial Officer and a person discharging managerial responsibilities, sold 100,000 ordinary shares at 542.0 pence each. Following the sale, Sanchez retains options over 1,100,000 shares, representing 0.748% of the company’s fully diluted share capital. This transaction is part of the regulatory requirements under the EU Market Abuse Regulation, reflecting transparency in managerial dealings. The sale might influence investor perceptions of the company’s stock value and managerial confidence.

Atalaya Mining Converts Physical Shares to Electronic Form

Atalaya Mining has announced the conversion of all its ordinary shares represented by physical certificates into electronic form, now represented by CREST Depositary Interests (CDIs). This conversion allows shareholders to trade their shares and receive dividends, including the 2024 final dividend. Certificated Holders are required to submit a transfer request form to facilitate the transfer of CDIs to a nominated CREST member. This move is expected to streamline share trading and dividend distribution for the company and its stakeholders.