Atico Mining (ATY) AI Stock Analysis

• Market Cap: $48.67M
• Dividend Yield: N/A
• Average Volume (3M): 155.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: 35.71%
• EPS Growth: -147.83%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.03
• Shares Outstanding: 180,264,110
• 10 Day Avg. Volume: 281,417
• 30 Day Avg. Volume: 155,465
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.76
• Enterprise Value/Revenue: 0.46
• Enterprise Value/Gross Profit: 2.19
• Enterprise Value/Ebitda: -11.85
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Atico Mining's overall score is driven by strong technical momentum and improving cash flow, despite profitability challenges and a negative valuation outlook. The stock's positive price trends and stable balance sheet provide some optimism for future performance.

Atico Mining Business Overview & Revenue Model

Company Description

Atico Mining Corporation is a Canadian-based mining company focused on the acquisition, exploration, and development of copper and gold projects in Latin America. The company primarily operates in the mining sector, with its flagship asset being the El Roble mine in Colombia, which produces copper and gold concentrate. Atico aims to grow its asset base through strategic exploration and development initiatives while maintaining a commitment to sustainable mining practices.

How the Company Makes Money

Atico Mining generates revenue primarily through the extraction and sale of copper and gold concentrate from its mining operations, particularly from the El Roble mine. The company employs a revenue model that includes direct sales of its mineral products to smelters and other purchasers, often under long-term supply agreements, which provide stable cash flows. Key revenue streams come from the pricing of copper and gold in global markets, where fluctuations can significantly impact earnings. Additionally, Atico benefits from operational efficiencies and cost management strategies that optimize production and enhance profitability. The company may also explore joint ventures or partnerships that can provide capital investment and shared expertise in mining operations, further contributing to its revenue potential.

Atico Mining Financial Statement Overview

Summary

Atico Mining exhibits a mixed financial profile. Revenue recovery in the TTM period is promising, yet persistent net losses and increased leverage pose risks. While cash flow performance has improved, ongoing profitability challenges and debt levels warrant cautious optimism. The company should focus on cost management and profitability to enhance financial stability.

Income Statement

The income statement shows a mixed performance. Gross profit margin has declined over the years, reflecting increased cost pressures. Net profit margin is negative in recent years due to persistent losses, indicating profitability challenges. Revenue growth has been inconsistent with recent TTM data showing improvement but not enough to offset previous declines. The EBIT margin has shown some recovery in the TTM period, though it remains below historical highs.

Balance Sheet

The balance sheet demonstrates moderate stability. The debt-to-equity ratio has increased, indicating higher leverage, which could pose risks in volatile markets. However, the equity ratio remains above 30%, suggesting a reasonable level of equity backing. Return on equity has been negative, reflecting low profitability and a potential concern for investors.

Cash Flow

Cash flow analysis reveals a positive trajectory in free cash flow growth in the TTM period, indicating improved cash efficiency. The operating cash flow to net income ratio is healthy, suggesting good cash conversion from operations. However, past negative free cash flow and variability in investing cash flows highlight potential cash management challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	80.74M	68.46M	57.54M	65.17M	72.69M	59.57M
Gross Profit	16.92M	14.04M	7.43M	15.99M	28.03M	18.07M
EBITDA	-3.12M	-7.01M	7.94M	22.98M	30.18M	24.27M
Net Income	-14.39M	-17.13M	-5.67M	-3.67M	5.77M	7.24M
Balance Sheet
Total Assets	98.15M	99.28M	115.19M	121.02M	115.94M	115.56M
Cash, Cash Equivalents and Short-Term Investments	7.34M	3.06M	8.30M	15.23M	14.62M	16.65M
Total Debt	20.54M	23.44M	26.63M	22.92M	10.43M	10.81M
Total Liabilities	54.78M	57.84M	54.40M	54.07M	44.65M	41.74M
Stockholders Equity	42.39M	40.54M	57.47M	62.88M	65.88M	60.17M
Cash Flow
Free Cash Flow	17.71M	6.89M	-2.72M	-3.30M	10.76M	7.02M
Operating Cash Flow	24.76M	16.68M	8.27M	9.65M	29.85M	17.88M
Investing Cash Flow	-15.37M	-16.57M	-15.93M	-14.07M	-29.53M	-11.48M
Financing Cash Flow	-7.15M	-5.32M	708.46K	5.10M	-2.34M	3.11M

Atico Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.27
• 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 TSE:ATY, the sentiment is Positive. The current price of 0.27 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.16, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 87.70 is Negative, neither overbought nor oversold. The STOCH value of 88.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ATY.

Atico Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ATY	54 Neutral	$48.67M	―	-29.06%	―	35.71%	-147.83%
SEAG.X	45 Neutral	13.54M	-6.14	―	―	―	-872.58%
VUL	40 Underperform	20.69M	-58.93	―	―	―	86.00%
SME	40 Underperform	13.20M	2.83	―	―	―	393.02%
VTT	39 Underperform	1.81M	-5.56	―	―	―	14.29%
SHL	35 Underperform	19.02M	-3.81	―	―	―	-1815.38%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Atico Mining Corporate Events

Atico Mining Reports Q2 2025 Results and Management Transition

Atico Mining Corporation reported its second-quarter 2025 operating results, highlighting a production of 2.16 million pounds of copper and 2,385 ounces of gold from its El Roble mine. Despite a decrease in production compared to the previous year, the company anticipates improved financial performance due to increased concentrate sales and strong metal prices. Additionally, a management change was announced with Jorge Ganoza transitioning from his role as Vice President of Operations and Projects, while remaining a director and advisor.

Atico Mining Secures $6.5M to Advance Strategic Projects

Atico Mining Corporation successfully closed its $3.2 million LIFE Offering, raising a total of $6.5 million when combined with a recent rights offering. This financial boost strengthens Atico’s position to advance its strategic goals at the El Roble mine and La Plata project, aiming to become a top mid-tier producer. The proceeds will be used for development projects in Ecuador and Colombia, as well as general corporate purposes. The LIFE Offering included the issuance of common shares and warrants, with PowerOne Capital Markets Limited acting as a finder for part of the offering.

Atico Mining Closes Rights Offering, Raises Over $3.2 Million

Atico Mining Corporation has successfully closed its rights offering, raising gross proceeds of $3,287,572.42 through the issuance of 29,887,022 units. The proceeds will be used to fund the development of the La Plata project in Ecuador, additional drilling at the El Roble mine in Colombia, and general corporate purposes. This strategic move is expected to bolster Atico’s operational capabilities and strengthen its market position in Latin America’s mining sector.

Atico Mining Restructures Loan and Extends Contract with Trafigura

Atico Mining Corporation has executed a loan amendment and restructuring agreement with Trafigura to extend its existing secured credit agreement. The principal amount of US$8.7 million will be repaid in two installments, with the first due in July 2025 and the second in December 2026. Additionally, Atico and Trafigura have extended their commercial concentrate purchase contract for two more years, covering 100% of the concentrate produced from the El Roble mine. This agreement strengthens Atico’s financial position and secures a stable market for its copper and gold production, potentially enhancing its operational stability and market presence.

Atico Mining Amends Offering Documents to Raise $8.54 Million

Atico Mining Corporation has announced the filing of amended and restated offering documents for its concurrent Rights Offering and LIFE Offering, aiming to raise up to approximately $8.54 million. This move includes an amendment and extension of its existing secured credit agreement with Trafigura PTE. Ltd., potentially impacting the company’s financial operations and market positioning.

Atico Mining Restructures Credit Facility with Trafigura

Atico Mining Corporation has entered into a term sheet with Trafigura to amend and extend its existing credit agreement, with $8.7 million outstanding. The agreement involves repayment in two installments and an extension of a commercial concentrate purchase contract, impacting Atico’s financial operations and market positioning.

Atico Mining Launches Rights and LIFE Offerings to Raise $8.54 Million

Atico Mining Corporation has announced a rights offering and a concurrent LIFE offering to raise up to approximately $8.54 million. This move is expected to strengthen the company’s financial position, with directors and officers leading the financing efforts. The rights offering will allow shareholders to purchase additional shares, potentially increasing the company’s outstanding shares by 28.6%. These offerings are subject to necessary approvals and are aimed at enhancing Atico’s operational capabilities and market presence.

Atico Mining Reports Q1 2025 Financial Results Amid Operational Challenges

Atico Mining Corporation reported its financial results for the first quarter of 2025, showing income from mining operations of $3.7 million but a net loss of $0.8 million. Despite operational challenges due to unexpected rock quality issues at the El Roble mine, the company maintained financial results in line with the budget, aided by strong metal prices and additional revenue from inventory sales. Sales increased by 11% compared to the previous year, driven by higher realized prices for copper and gold. However, cash costs rose due to lower ore production and inflation, impacting overall profitability. The company anticipates improvements in production and cost efficiency in the coming quarters.

Atico Mining Secures 30-Year Title for El Roble Mine, Boosting Liquidity and Stability

Atico Mining Corporation has secured a new 30-year mining title for its El Roble mine in Colombia, which significantly reduces operational risks and allows the company to sell previously pledged concentrate, thereby injecting liquidity and improving its financial position. The agreement with the Colombian National Mining Agency includes additional compensation fees and community relations expenses, reflecting Atico’s commitment to local engagement. The company has also received a ruling clarification on a previous payment plan, which allows it to continue reducing its obligations, further strengthening its financial stability.