Corporate News: Atico Mining Reports Third‑Quarter 2026 Results from El Roble Mine
Atico Mining Corporation (ATY.V) concluded its third‑quarter 2026 reporting on the El Roble mine with a mix of modest declines and encouraging gains. The company announced a slight reduction in copper output, counterbalanced by a substantial rise in gold production. Higher gold grades and improved recoveries underpinned the jump, while the plant’s processing rate per day climbed, indicating a more efficient throughput. Both copper and gold grades surpassed last year’s figures, a development that management highlights as a key factor in driving down sustaining cash costs and bolstering revenue through elevated metal prices.
Key Highlights
| Metric | Current Quarter | Previous Quarter | Change |
|---|---|---|---|
| Copper output | Slight decline | — | – |
| Gold output | Substantial increase | — | + |
| Processing rate | Rising | — | + |
| Copper & gold grades | Higher | — | + |
| Cash cost | Lowered | — | – |
| Revenue | Benefited by higher prices | — | + |
Atico’s management projects continued improvement for the upcoming quarter, forecasting higher copper and gold grades that should further reduce operating costs. The firm remains engaged in a reserves update aimed at extending the mine life, an initiative that could enhance long‑term value for shareholders. It is important to note that the operating results presented are preliminary and may be subject to final verification and adjustments.
Market Performance
During the 24‑hour period ending 7:24 PM Central Europe on Friday 23 May, Atico Mining shares fell 8.51 %, trading at CAD 0.22 on major exchanges. The company’s market capitalisation stood at CAD 31.3 million, with a total supply of 181.4 million shares. Over the last 24 hours, only CAD 36.8 k worth of shares were exchanged. Since the close of the previous month, the share price has declined 10.42 %. The 200‑day simple moving average sits at CAD 0.26. Historically, the stock’s 52‑week high reached CAD 0.42 on 1 January 2026, while the low was CAD 0.14 on 5 November 2025.
Peer Movements
| Stock | 24‑hour change | Current price | Market cap |
|---|---|---|---|
| Eastern Platinum (ELR.TO) | –12 % | CAD 0.23 | CAD 37 m |
| Frontier Nuclear & Mineral (FNUC) | –6.11 % | USD 0.65 | USD 26.6 m |
| Fredonia Mining (FRED.V) | –3.17 % | CAD 0.55 | CAD 37.1 m |
| Vior Gold (VIO.V) | 0 % | CAD 0.08 | CAD 37.5 m |
| Getchell Gold (GTCH.CN) | +8.7 % | CAD 0.23 | CAD 37.2 m |
The relative performance of these peers highlights the broader volatility within the junior mining sector, underscoring the importance of Atico’s focus on operational efficiency and cost management.
About Atico Mining
Atico Mining Corp is a mineral exploration and development company with a focus on copper and gold projects in Latin America and Canada. The company is listed on the TSX Venture Exchange and maintains a website at www.aticomining.com . Through strategic acquisitions and rigorous exploration, Atico seeks to unlock value in high‑grade deposits and expand its operational footprint across key mining regions.
