Atalaya Mining Copper, S.A. (CDI) (ATYM)

Sector:

Mining

Index:

FTSE Small Cap

437.50p
   
  • Change Today:
    -1.00p
  • 52 Week High: 450.00p
  • 52 Week Low: 302.00p
  • Currency: UK Pounds
  • Shares Issued: 140.76m
  • Volume: 904,828
  • Market Cap: £615.82m

Atalaya seeking admission to London's main market

By Josh White

Date: Monday 13 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Atalaya Mining announced its intention on Monday to seek admission for its shares to the premium segment of the Official List and begin trading on the London Stock Exchange main market.
The AIM-traded firm said it was designed to enhance its corporate profile and attract new institutional investors.

Since resuming operations at Proyecto Riotinto in 2016, Atalaya said it had established itself as a leading European producer of copper - a vital commodity for economic growth and the energy transition.

The company said it had also developed a portfolio of growth projects in Spain's world-class mineral districts while maintaining a sustainable dividend policy.

Its board said admission to the main market was the next step in building on that success.

Atalaya said it did not intend to raise any funds or issue new securities in connection with the admission, instead effecting it by introducing its existing ordinary shares.

The process would be subject to FCA approval of a prospectus, the shares being admitted to the premium segment by the FCA, and approval by the London Stock Exchange for trading on the main market.

Pending those conditions, admission was expected before the end of December.

As a result, the firm had given notice of its intended cancellation of trading its shares on AIM, which was also expected before the end of December.

Shareholder approval was not expected to be a condition for admission.

"In the last eight years we have established Atalaya as one of Europe's leading copper producers, achieving scale, growth and consistency," said chief executive officer Alberto Lavandeira.

"At the same time, copper has become widely regarded as a strategic metal due to its important role in the energy transition.

"We are committed to building upon the significant growth we have achieved to date and our intention to seek admission to the premium listing segment of the Official List reflects our confidence in our future prospects, our expanding investor base and our ambition to become a multi-asset producer with a portfolio of sustainable, scalable and low-risk operations."

At 1133 GMT, shares in Atalaya Mining were up 3.5% at 296p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

ATYM Market Data

Currency UK Pounds
Share Price 437.50p
Change Today -1.00p
% Change -0.23 %
52 Week High 450.00p
52 Week Low 302.00p
Volume 904,828
Shares Issued 140.76m
Market Cap £615.82m

ATYM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.44% below the market average22.44% below the market average22.44% below the market average22.44% below the market average22.44% below the market average
76.19% below the sector average76.19% below the sector average76.19% below the sector average76.19% below the sector average76.19% below the sector average
Price Trend
73.1% below the market average73.1% below the market average73.1% below the market average73.1% below the market average73.1% below the market average
53.38% above the sector average53.38% above the sector average53.38% above the sector average53.38% above the sector average53.38% above the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Growth
Market averageMarket averageMarket averageMarket averageMarket average
85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 1
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ATYM Dividends

  Latest Previous
  Final Interim
Ex-Div n/a 22-Aug-24
Paid n/a 19-Sep-24
Amount 3.00¢ 4.00¢

Trades for 30-May-2025

Time Volume / Share Price
16:35 15,000 @ 437.50p
17:27 100 @ 450.00p
11:06 30,000 @ 440.00p
16:35 209,129 @ 437.50p
16:35 463 @ 437.50p

ATYM Key Personnel

CEO Alberto Lavandeira

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