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Copper miner operating the reopened historic Riotinto open-pit mine in southern Spain, selling concentrate under long-term offtakes.
Copper miner operating the reopened historic Riotinto open-pit mine in southern Spain, selling concentrate under long-term offtakes.
Sells copper concentrate, ore with most of the waste rock removed, under long-term contracts with traders and smelters, so income follows the copper price less the smelters' processing charges. Nearly all output comes from the single Riotinto mine, and the plant expansion aims to put more ore through the same site.
In one line: A small, single-mine Freeport-McMoRan.
Moat: narrow (installed base). Restarted a century-old mine with existing infrastructure and permits, but a single-asset producer.
Headquarters: Nicosia, Cyprus (mine in Huelva, Spain) · Founded: 2005 · Employees: 518
Size Atalaya Mining Copper (ATYM.L) is a United Kingdom Materials company (Other Metals/Minerals) with a market value of $1.71B, the 177th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £826.50 on 6 Nov 2026.
Performance Over six months the shares fell 2.4%, against -28.2% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 20.0% over the last twelve months (peer median +16.0%); the operating margin is 28.7% (peer median 7.2%).
Valuation It trades at 7.8× forward earnings against a peer median of 26.4× (3rd cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.5 points above its cost of capital (15.8% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £428M | £409M | £290M | £300M | £317M |
| Revenue growth | — | +41% | -3% | -5% | — |
| Gross profit | £141M | £120M | £41.9M | £46.4M | £38.4M |
| EBITDA | £167M | £147M | £70.5M | £66.1M | £55.0M |
| Net income | £95.1M | £73.3M | £26.9M | £33.7M | £28.3M |
| Free cash flow | £128M | £104M | -£5.22M | £12.9M | -£12.0M |
| Capital expenditure | £74.3M | £69.9M | £52.0M | £47.2M | £45.7M |
| Total debt | £31.1M | £42.6M | £17.8M | £61.6M | £69.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Atalaya Mining Copper ATYM.L | $1.71B | -2% | +20% | 29% | 7.8× | 6.5% |
| Rio Tinto RIO.L | $144B | -21% | +11% | 27% | 10.3× | 5.6% |
| Antofagasta ANTO.L | $41.3B | -21% | +20% | 44% | 20.8× | 17.7% |
| First Quantum Minerals FM.TO | $19.5B | -1% | +28% | 23% | 15.2× | n/a |
| KGHM Polska Miedz KGH.WA | $14.1B | -27% | +27% | 20% | 6.4× | 1.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ATYM.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.6% | -7.4% | 5th lowest of 21 |
| 6-month return | -2.4% | -28.2% | 5th highest of 21 |
| Distance from 52-week high | -27.1% | -48.2% | 3rd highest of 21 |
| Revenue growth (TTM) | +20.0% | +16.0% | 10th highest of 20 |
| Operating margin | 28.7% | 7.2% | 3rd highest of 20 |
| Forward P/E | 7.8× | 26.4× | 3rd cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 6.5% | 20.1% | 3rd least demanding of 10 |
| Growth delivered (Del g) | +13.0% | +19.1% | 4th lowest of 10 |
| Hurdle (Req g minus delivered) | -6.5 pp | -4.4 pp | 5th least demanding of 10 |
| ROIC minus cost of capital | +5.5 pp | -4.6 pp | 4th highest of 21 |
| EV / EBITDA | 6.0× | 10.3× | 3rd cheapest of 6 |
| Net debt / EBITDA | -1.6× | 2.0× | least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Atalaya Mining Copper ATYM.L | United Kingdom | $1.71B | -2% | +20% | 29% | 7.8× | 6.5% | +13.0% |
| RHI Magnesita RHIM.L | United Kingdom | $1.74B | +2% | -1% | 11% | 6.9× | 3.0% | +7.5% |
| Yellow Cake YCA.L | United Kingdom | $1.74B | -12% | n/a | n/a | 10.6× | n/a | n/a |
| Baoji Titanium Industry 600456.SS | China | $1.76B | -26% | +14% | 7% | 26.4× | n/a | n/a |
| Iluka Resources ILU.AX | Australia | $1.77B | -30% | -20% | -29% | n/a | n/a | n/a |
| Nickel Industries NIC.AX | Australia | $1.78B | -46% | -3% | 10% | 10.4× | 13.1% | +27.5% |
| Energy Fuels EFR.TO | Canada | $1.78B | -70% | +70% | -79% | 61.7× | n/a | n/a |
| Yantai Zhenghai Magnetic Material 300224.SZ | China | $1.79B | -1% | +16% | 5% | 29.9× | 20.1% | +29.2% |
| Jiangsu ToLand Alloy 300855.SZ | China | $1.83B | -21% | +75% | 28% | 26.5× | n/a | n/a |
| Beijing Zhong Ke San Huan High-Tech 000970.SZ | China | $1.87B | -16% | +11% | 3% | 65.8× | n/a | n/a |
| Tibet Summit Resources 600338.SS | China | $1.56B | -59% | +54% | 30% | n/a | 12.8% | +16.5% |
| China Kings Resources 603505.SS | China | $1.55B | -33% | -11% | -1% | 46.2× | n/a | n/a |
| Baowu Magnesium Technology 002182.SZ | China | $1.54B | -34% | +4% | 0% | 74.0× | n/a | n/a |
| Nexa Resources NEXA | United States | $1.51B | -20% | +27% | 22% | 3.0× | -17.4% | +8.9% |
| Tibet Mineral Development 000762.SZ | China | $1.50B | -50% | +270% | 20% | n/a | 33.1% | -1.3% |
| Denison Mines DML.TO | Canada | $2.00B | -39% | -9% | -2,101% | n/a | n/a | n/a |
| CGN Mining 1164.HK | Hong Kong | $2.03B | -47% | +15% | 2% | 20.8× | 33.0% | +19.1% |
| Lianyou Metals 7610.TW | Taiwan | $2.03B | +89% | +238% | 56% | 11.4× | n/a | n/a |
| Henan Liliang Diamond 301071.SZ | China | $2.03B | -2% | +73% | 21% | 45.0× | 28.0% | +20.9% |
| Liontown LTR.AX | Australia | $1.43B | -75% | +115% | 8% | 18.9× | 38.7% | +303.2% |
| Innuovo Technology 000795.SZ | China | $1.42B | -8% | +21% | 5% | n/a | n/a | n/a |