Atico Mining (ATY) AI Stock Analysis

• Market Cap: $7.88M
• Dividend Yield: N/A
• Average Volume (3M): 129.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.67
• Revenue Growth: 26.50%
• EPS Growth: 39.66%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.04
• Shares Outstanding: 121,286,190
• 10 Day Avg. Volume: 29,200
• 30 Day Avg. Volume: 129,596
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.08
• Price to Cash Flow (P/CF): 0.20
• P/FCF Ratio: 0.20
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Atico Mining's stock score reflects financial volatility, with negative profitability and operational instability. Technical indicators suggest weak momentum, while the valuation indicates ongoing losses. However, corporate events highlight strategic growth plans, which could improve future performance.

Atico Mining Business Overview & Revenue Model

Company Description

Atico Mining (ATY) is a Canadian-based mining company engaged in the exploration, development, and operation of copper and gold projects in Latin America. The company's core operations focus on its El Roble project in Colombia, a high-grade underground copper and gold mine, where it aims to maximize production efficiency and expand its resource base. Atico Mining is dedicated to sustainable mining practices and enhancing shareholder value through strategic exploration and development initiatives.

How the Company Makes Money

Atico Mining generates revenue primarily through the extraction and sale of copper and gold from its El Roble mine. The company processes ore extracted from the mine to produce copper and gold concentrates, which are then sold to various smelters and refiners. The revenue model is highly dependent on the fluctuating market prices of copper and gold, as well as the company's ability to maintain efficient production levels. Additionally, Atico Mining may engage in strategic partnerships or joint ventures to enhance its operational capabilities and explore new resource opportunities, contributing to its earnings.

Atico Mining Financial Statement Overview

Summary

Atico Mining is navigating through a period of financial volatility, evidenced by fluctuating revenues and negative profitability. The balance sheet shows moderate leverage but declining equity, while cash flow demonstrates some positive trends in cash generation. Continued focus on stabilizing operations and improving profitability will be crucial for enhancing financial health.

Income Statement

The company shows fluctuating revenue trends with a recent increase in TTM revenue compared to the previous annual figure, indicating some recovery. However, the negative net income and declining gross profit margin signal profitability challenges. Historically, EBIT and EBITDA margins have been volatile, further reflecting operational instability.

Balance Sheet

The debt-to-equity ratio indicates moderate leverage, with an improved equity position relative to assets. However, the declining stockholders' equity over recent periods suggests a weakening balance sheet. Return on equity is negative due to net losses, reflecting inefficiencies in generating shareholder value.

Cash Flow

The company has shown a positive shift in free cash flow, with significant growth from the previous period. The operating cash flow to net income ratio is strong, highlighting effective cash generation despite net losses. However, historical fluctuations in free cash flow indicate potential volatility in future cash-generating capabilities.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
70.53M	57.54M	65.17M	72.69M	59.57M	61.44M
	Gross Profit
13.46M	7.43M	15.99M	28.03M	18.07M	16.27M
	EBIT
1.53M	-4.41M	9.16M	21.38M	12.79M	11.56M
	EBITDA
12.01M	7.94M	22.98M	30.18M	24.27M	22.99M
	Net Income Common Stockholders
-3.79M	-5.67M	-3.67M	5.77M	7.24M	5.88M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.01M	8.30M	15.23M	14.62M	16.65M	7.16M
	Total Assets
82.15M	115.19M	121.02M	115.94M	115.56M	101.10M
	Total Debt
6.51M	26.63M	22.92M	10.43M	10.81M	7.24M
	Net Debt
495.82K	18.33M	7.69M	-4.19M	-5.84M	78.71K
	Total Liabilities
34.65M	54.40M	54.07M	44.65M	41.74M	36.09M
	Stockholders Equity
43.30M	57.47M	62.88M	65.88M	60.17M	53.91M
Cash Flow		Free Cash Flow
10.90M	-2.72M	-3.30M	10.76M	7.02M	8.40M
	Operating Cash Flow
20.11M	8.27M	9.65M	29.85M	17.88M	17.78M
	Investing Cash Flow
-17.81M	-15.93M	-14.07M	-29.53M	-11.48M	-10.51M
	Financing Cash Flow
-3.85M	708.46K	5.10M	-2.34M	3.11M	-6.11M

Atico Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ATY, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.12, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 35.11 is Neutral, neither overbought nor oversold. The STOCH value of 62.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ATY.

Atico Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EQX	72 Outperform	$4.49B	10.99	9.23%	―	41.78%	619.60%
LUN	64 Neutral	$10.12B	25.63	0.24%	3.21%	-2.71%	-188.94%
TKO	63 Neutral	C$1.02B	11.15	-2.74%	―	15.26%	-114.98%
FM	63 Neutral	$16.14B	―	0.02%	―	-24.38%	99.06%
CS	56 Neutral	$5.65B	49.07	2.90%	―	12.21%	―
ATY	49 Neutral	$7.88M	―	-6.37%	―	26.50%	39.66%
Sector *	47 Neutral	$2.64B	-3.19	-22.16%	3.30%	3.88%	-30.15%

Atico Mining Corporate Events

Atico Mining Reports Solid 2024 Production and Strategic Plans for Growth

Atico Mining Corporation reported its copper and gold production results for the fourth quarter and full year of 2024, indicating a solid operational year with copper production meeting targets despite a slight shortfall in gold due to lower head grades. The company plans to address key milestones in the coming year, including resolving a royalty dispute at El Roble, increasing exploration efforts, and advancing its La Plata project towards a construction decision. These initiatives are expected to bolster Atico’s financial performance and operational capacity.

Atico Mining Sees Profit Boost in Q3 2024

Atico Mining reported a net income of $1.2 million for Q3 2024, bouncing back from a loss in the previous year, driven by a 61% increase in sales revenue. The company produced 2.9 million pounds of copper and 2,072 ounces of gold at its El Roble mine, focusing on enhancing cost efficiencies and advancing new projects.