tiprankstipranks
Trending News
More News >
Atalaya Mining plc (GB:ATYM)
LSE:ATYM

Atalaya Mining (ATYM) AI Stock Analysis

Compare
43 Followers

Top Page

GB

Atalaya Mining

(LSE:ATYM)

69Neutral
Atalaya Mining's overall score reflects its solid financial stability and positive technical momentum. The company's low debt and strong equity position are significant strengths. However, negative free cash flow poses a risk. Positive corporate events add to the optimism about future growth. The valuation suggests a reasonably fair price, limiting significant upside potential.
Positive Factors
Growth Strategy
Near-term growth strategy advancing to deliver pending catalysts with waste stripping activities at San Dionisio and the commissioning of the E-LIX Phase I plant.
Production Performance
Atalaya reported 1Q25 copper production of 14,291t, representing the best quarter since 2Q21, largely due to a combination of better ore grades and minimal plant downtime.
Negative Factors
Commodity Prices
Analyst reduces target price to 475p as a result of prevailing commodity prices.
Cost Management
Higher waste mining during the period is likely to result in higher costs than previously expected and appears mostly responsible for year-end net cash being €2.9M lower than forecast.
Operational Challenges
Recent periods of significant rainfall have impacted access to certain areas at the bottom of the Cerro Colorado pit.

Atalaya Mining (ATYM) vs. S&P 500 (SPY)

Atalaya Mining Business Overview & Revenue Model

Company DescriptionAtalaya Mining (ATYM) is a European mining company primarily focused on the production and exploration of copper concentrates. The company's flagship project is the Proyecto Riotinto, located in the Iberian Pyrite Belt in Spain, which is one of the largest copper deposits in Europe. Atalaya Mining is committed to sustainable mining practices and aims to expand its operations through exploration and development of additional mining assets.
How the Company Makes MoneyAtalaya Mining generates revenue primarily through the sale of copper concentrates extracted from its mining operations, specifically from the Proyecto Riotinto. The company sells these concentrates to various smelters and refiners who process them into pure copper for use in industries such as construction, electronics, and transportation. Atalaya's earnings are influenced by global copper prices, production costs, and the efficiency of its mining operations. The company may also engage in strategic partnerships or joint ventures to optimize its resource extraction and expand its market reach, although specific partnerships are subject to change based on market conditions and strategic priorities.

Atalaya Mining Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
334.54M340.35M361.85M405.72M252.78M187.87M
Gross Profit
44.24M55.92M39.45M181.37M45.62M49.52M
EBIT
23.23M35.30M33.37M166.84M35.71M36.53M
EBITDA
67.61M77.22M67.48M194.02M62.79M53.09M
Net Income Common Stockholders
25.84M38.77M33.16M133.64M31.48M37.32M
Balance SheetCash, Cash Equivalents and Short-Term Investments
19.84M121.04M126.15M92.14M37.85M7.87M
Total Assets
58.76M670.57M663.07M585.41M505.05M443.31M
Total Debt
6.95M71.06M78.28M52.95M5.39M5.85M
Net Debt
-12.86M-49.94M-47.84M-39.14M-32.38M-1.97M
Total Liabilities
23.89M178.18M196.77M149.51M154.85M125.85M
Stockholders Equity
34.97M501.50M473.30M440.81M353.69M319.86M
Cash FlowFree Cash Flow
-17.77M10.45M-15.09M114.25M28.73M-23.97M
Operating Cash Flow
48.02M64.74M38.50M148.84M59.09M37.93M
Investing Cash Flow
-64.30M-50.41M-53.53M-87.53M-30.16M-62.35M
Financing Cash Flow
-25.02M-18.50M22.41M1.85M760.00K-576.00K

Atalaya Mining Technical Analysis

Technical Analysis Sentiment
Positive
Last Price413.00
Price Trends
50DMA
362.75
Positive
100DMA
362.99
Positive
200DMA
365.29
Positive
Market Momentum
MACD
15.39
Negative
RSI
63.52
Neutral
STOCH
75.63
Neutral
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 413 is above the 20-day moving average (MA) of 371.15, above the 50-day MA of 362.75, and above the 200-day MA of 365.29, indicating a bullish trend. The MACD of 15.39 indicates Negative momentum. The RSI at 63.52 is Neutral, neither overbought nor oversold. The STOCH value of 75.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ATYM.

Atalaya Mining Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
£271.33M6.9013.74%11.58%6.77%32.64%
69
Neutral
£579.22M21.216.22%1.49%-3.54%-20.82%
64
Neutral
£17.09B26.338.87%1.37%1.69%-3.57%
49
Neutral
$1.96B-1.15-21.28%3.71%1.17%-30.86%
49
Neutral
£365.38M-4.70%39.52%43.71%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ATYM
Atalaya Mining
413.00
-25.48
-5.81%
GB:ANTO
Antofagasta
1,733.50
-490.88
-22.07%
GB:CAML
Central Asia Metals
155.40
-41.93
-21.25%
GB:FXPO
Ferrexpo
62.10
15.50
33.26%

Atalaya Mining Corporate Events

Delistings and Listing Changes
Atalaya Mining Joins FTSE 250 Index, Marking Growth Milestone
Positive
May 2, 2025

Atalaya Mining has announced its inclusion in the FTSE 250 Index, effective from May 7, 2025. This milestone reflects the company’s growth since restarting the Riotinto copper mine in 2015, positioning Atalaya as a leading copper producer on the London Stock Exchange. The inclusion is expected to enhance the company’s visibility and attract more investors, benefiting stakeholders and supporting future expansion plans.

Spark’s Take on GB:ATYM Stock

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

Atalaya Mining’s overall score reflects its solid financial stability and positive technical momentum. The company’s low debt and strong equity position are significant strengths. However, negative free cash flow poses a risk. Positive corporate events and insider buying add to the optimism, although valuation metrics suggest a reasonably fair valuation without significant upside potential.

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

Executive/Board ChangesBusiness Operations and Strategy
Atalaya Mining Announces Executive Share Awards Under LTIP 2020
Neutral
Apr 24, 2025

Atalaya Mining has announced conditional share awards under its Long-Term Incentive Plan 2020 to key executives, including the CEO and CFO. These awards are contingent on meeting specific performance conditions over a three-year period and are subject to a two-year holding period post-vesting. This move aims to align management’s interests with long-term company performance, potentially impacting Atalaya’s operational focus and stakeholder confidence.

Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
Atalaya Mining Releases 2024 Annual and Sustainability Reports
Positive
Apr 23, 2025

Atalaya Mining has published its 2024 annual reporting documents, including the Annual Report, Report on Payments to Governments, and Sustainability and Climate Change Reports. Additionally, the company has released its first Tailings Storage Facility Public Disclosure Report for Proyecto Riotinto, aligning with global industry standards. These publications reflect Atalaya’s commitment to transparency and sustainability, potentially enhancing its industry positioning and stakeholder trust.

Business Operations and StrategyFinancial Disclosures
Atalaya Mining Reports Strong Q1 2025 Production and Strategic Advancements
Positive
Apr 15, 2025

Atalaya Mining reported a strong start to 2025, achieving its best quarterly production since Q2 2021. The company produced 14,291 tonnes of copper in Q1 2025, a 34% increase from the same period last year, driven by higher ore grades and efficient plant performance. The company maintains a strong balance sheet, with a net cash position of €38.2 million as of March 31, 2025. Atalaya is advancing its growth strategy with ongoing projects in the Riotinto District and Proyecto Touro, which has been declared a strategic industrial project, potentially boosting sustainable copper production in Europe.

Other
Atalaya Mining Director Increases Stake with Significant Share Purchase
Positive
Apr 8, 2025

Atalaya Mining has announced that Jesus Fernandez, a director and person discharging managerial responsibilities, has purchased 32,000 ordinary shares in the company. This transaction increases his total beneficial holding to 138,412 shares, representing approximately 0.098% of the company’s issued share capital. This move reflects confidence in the company’s operations and could have implications for stakeholder perceptions.

DividendsBusiness Operations and StrategyFinancial Disclosures
Atalaya Mining Reports 2024 Results, Lays Groundwork for 2025 Growth
Positive
Mar 18, 2025

Atalaya Mining reported its 2024 annual results, highlighting a year of transition with copper production totaling 46.2 kt at controlled costs. The company maintained a strong balance sheet with a net cash position of €35.1 million and proposed a final dividend of $0.03 per share. Key achievements included improved sustainability performance and progress in the Proyecto Touro permitting process. The company is optimistic about 2025, expecting higher production and lower costs, with further investments in high-grade deposits.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.