Want to see TSE:ATY full AI Analyst Report?
Top Page
Atico Mining
(ATY)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.21
▼(-10.00% Downside)
Action:Reiterated
Date:10/23/26
The score is held down primarily by weak financial performance (persistent losses, declining TTM revenue, rising leverage, and a sharp swing to negative free cash flow). Technicals add further pressure with the stock trading below key moving averages and slightly negative momentum. Valuation provides little support because the company is unprofitable (negative P/E) and there is no dividend yield data.
Positive Factors
Established operating asset
An established producing mine provides Atico with an operating platform, existing processing capability, and experience selling concentrates rather than relying solely on exploration success. El Roble’s high-grade copper-gold profile can support production economics and resource-focused growth over the medium term.
Negative Factors
Persistent unprofitability
Persistent losses indicate that Atico has not consistently converted mining activity into shareholder earnings. A gross margin of roughly 16% leaves limited protection against operating pressures, while repeated unprofitable periods can restrict reinvestment and increase reliance on external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Established operating asset
An established producing mine provides Atico with an operating platform, existing processing capability, and experience selling concentrates rather than relying solely on exploration success. El Roble’s high-grade copper-gold profile can support production economics and resource-focused growth over the medium term.
Read all positive factors
Atico Mining (ATY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$39.00M
Dividend YieldN/A
Average Volume (3M)99.23K
Price to Earnings (P/E)―
Beta (1Y)1.13
Revenue Growth-13.48%
EPS Growth31.87%
CountryCA
Employees269
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.08
Shares Outstanding181,380,750
10 Day Avg. Volume134,621
30 Day Avg. Volume99,233
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.78
Price to Sales (P/S)0.35
P/FCF Ratio4.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.05
Revenue Forecast (FY)C$85.18M
Atico Mining Business Overview & Revenue Model
Company Description
Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver, lead, and zinc deposits. Its principal project is the El Roble mine located in Ca...
How the Company Makes Money
Atico Mining makes money primarily by producing and selling copper-gold concentrate generated from mining and processing ore at its El Roble operation in Colombia. Revenue is recognized from concentrate sales, with the realized sales value driven ...
Atico Mining Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
57
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 70.41M | 63.38M | 68.46M | 57.54M | 65.17M | 72.69M |
| Gross Profit | 11.26M | 9.51M | 14.04M | 7.43M | 15.99M | 28.03M |
| EBITDA | -4.12M | -7.02M | -7.01M | 7.94M | 21.90M | 30.18M |
| Net Income | -13.71M | -14.37M | -17.13M | -5.67M | -3.67M | 5.77M |
Balance Sheet | ||||||
| Total Assets | 86.12M | 90.46M | 99.28M | 115.19M | 121.02M | 115.94M |
| Cash, Cash Equivalents and Short-Term Investments | 2.35M | 4.89M | 3.06M | 8.30M | 15.23M | 14.62M |
| Total Debt | 21.23M | 8.51M | 23.44M | 26.63M | 22.92M | 10.43M |
| Total Liabilities | 54.96M | 62.24M | 57.84M | 54.40M | 54.07M | 44.65M |
| Stockholders Equity | 31.80M | 29.01M | 40.54M | 57.47M | 62.88M | 65.88M |
Cash Flow | ||||||
| Free Cash Flow | -8.14M | 4.99M | 6.89M | -2.72M | -3.30M | 10.76M |
| Operating Cash Flow | 1.93M | 14.78M | 16.68M | 8.27M | 9.65M | 29.85M |
| Investing Cash Flow | -7.64M | -9.51M | -16.57M | -15.93M | -14.07M | -29.53M |
| Financing Cash Flow | -44.61K | -3.44M | -5.32M | 708.46K | 5.10M | -2.34M |
Atico Mining Technical Analysis
Negative
0.23
Price Trends
0.22
Negative
0.22
Negative
0.26
Negative
Market Momentum
<0.01
Negative
45.29
Neutral
70.00
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 0.23 is above the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.22, and below the 200-day MA of 0.26, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 45.29 is Neutral, neither overbought nor oversold. The STOCH value of 70.00 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | C$65.45M | -27.82 | -9.80% | ― | ― | 11.97% | |
52 Neutral | C$14.58M | -11.08 | -4.71% | ― | ― | -5.88% | |
47 Neutral | C$63.50M | -6.18 | -98.58% | ― | ― | -11.95% | |
43 Neutral | C$39.00M | -1.94 | -40.38% | ― | -13.48% | 31.87% | |
43 Neutral | C$24.22M | -106.82 | -5.67% | ― | ― | 96.51% | |
40 Underperform | C$44.57M | -3.22 | 55.96% | ― | ― | -11.41% |
* Basic Materials Sector Average
TSE:ATY
Atico Mining
0.22
0.02
13.16%
TSE:AAN
Aton Resources
0.33
0.05
17.86%
TSE:COR
Camino Minerals
0.24
-0.15
-38.16%
TSE:PGZ
Pan Global Resources
0.16
0.01
6.90%
TSE:AZT
Aztec Minerals
0.35
0.13
64.29%
TSE:SLV
Silver Dollar Resources
0.20
-0.09
-31.58%
Atico Mining Corporate Events
Business Operations and StrategyFinancial Disclosures
Atico Boosts Gold Output and Grades as El Roble Mine Performance Improves
Positive
Oct 22, 2026
Atico Mining reported third quarter 2026 production from its El Roble mine of 2.08 million pounds of copper and 2,472 ounces of gold in concentrates, with copper output down 7% but gold rising 30% versus the prior year period. Higher processed ton...
Business Operations and StrategyExecutive/Board Changes
Atico Mining Grants Over 5.1 Million Incentive Stock Options
Positive
Oct 16, 2026
Atico Mining Corporation has granted 5,162,338 incentive stock options to its directors, officers, employees and consultants under its stock option plan. The options are exercisable at $0.225 per share for five years and remain subject to approval...
Business Operations and StrategyPrivate Placements and Financing
Atico Mining Secures US$16.4 Million Debenture to Fund La Plata Project and Clear Legacy Debt
Positive
Oct 15, 2026
Atico Mining has closed a US$16.4 million secured convertible debenture private placement with an affiliate of Trafigura, alongside a shares-for-debt transaction, in a move that significantly strengthens its balance sheet. Proceeds have been used ...
Business Operations and StrategyPrivate Placements and Financing
Atico Mining Secures US$111.4 Million Financing Package for La Plata Project
Positive
Sep 29, 2026
Atico Mining has secured a US$95 million secured project finance facility from Trafigura to fund construction and development of its La Plata gold and copper project in Ecuador. The facility, available for roughly 2.5 years after construction star...
Business Operations and StrategyFinancial Disclosures
Atico Mining Swings to Q2 Loss as Costs Surge Despite Higher Metal Prices
Negative
Aug 18, 2026
Atico Mining reported second quarter 2026 income from mining operations of $2.1 million but a net loss of $0.2 million, as revenue fell 18% year over year to $17.4 million on lower concentrate sales despite higher realized copper and gold prices. ...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Atico Mining Shareholders Back 2026 AGM Resolutions as Board Refreshes Governance Team
Positive
Aug 7, 2026
Atico Mining reported that all resolutions at its 2026 annual general meeting were approved, including the election of six directors, the appointment of PricewaterhouseCoopers as auditor, and ratification of its stock option plan. Shareholder part...
Business Operations and StrategyFinancial Disclosures
Atico’s El Roble Mine Sees Strong Copper Grades Despite Lower Q2 Output
Neutral
Aug 6, 2026
Atico Mining reported second-quarter 2026 production from its El Roble mine of 2.08 million pounds of copper and 1,465 ounces of gold in concentrates, with operations broadly in line with plan. While copper output fell 4% and gold production dropp...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.