Highlights

  • Atalaya Mining’s H1FY25 profit after tax surged over 12x to EUR 60.06 million, which was primarily driven by higher copper grades and cost control.
  • There was a strapping project momentum across Spain, reinforcing Atalaya’s confidence in its medium-term growth prospects.
  • The FY2025 copper output forecast remains steady at 49–52 kt, supported by efficient operations and healthy margins.

Atalaya Mining PLC (LSE:ATYM) is a mining and development company listed on the London Stock Exchange. The company produces copper concentrates along with silver by-products from its wholly owned Proyecto Riotinto operation in southwest Spain. Its primary activities are located across Central Europe, Russia, North America, and South Africa.

In the first half of financial year 2025 (H1FY25), the company reported positive financials , with revenue rising by 57.1% year-over-year to EUR 254.75 million, mainly driven by higher concentrate sales (169 kt vs. 111 kt) and lower off-site costs. EBITDA surged 193.4% YoY to EUR 107.59 million, supported by improved ore grades (0.42% vs. 0.33%), reduced treatment and freight charges, and efficient operations. Profit after tax soared 1,272.1% to EUR 60.06 million, reflecting efficient cost management and enhanced operational efficiency.

Recent Business Update

For the third quarter of 2025, ATYM reported continued progress at the San Dionisio, San Antonio, and Proyecto Masa Valverde sites, along with engineering work on the polymetallic circuit. At Proyecto Touro, environmental and engineering activities are advancing with positive engagement from local authorities, supporting the company’s medium-term growth outlook in Spain.

Company Outlook

The company expects medium-term growth supported by ongoing project developments in the Riotinto District and at Proyecto Touro. The company’s  net cash position of EUR 89.7 million provides investment flexibility. For financial year 2025 (FY2025), copper production is projected at 49–52 kt, backed by stable operations and improving grades, with margins expected to remain healthy around USD 4.40/lb.

Top Shareholders

The top 10 shareholders collectively hold approximately 46.73% of Atalaya Mining’s total share capital. Urion Holdings (Malta) Ltd. and Cobas Asset Management, SGIIC, S.A. are the largest shareholders, owning around 21.88% and 14.47%, respectively.

Stock Information

The stock price of ATYM has appreciated by around ~42.5% and ~84.0% in the past three and six months, respectively. The stock’s 52-week low and high spans from GBX 275.28 and GBX 682.00, respectively, and the stock is currently trading above the average of this 52-week high and low.

Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels is 29 October 2025. The reference data in this report has been partly sourced from EODHD/Others.

Technical Indicators Defined

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.