Atlas Consolidated Mining and Development Corporation, through its subsidiaries, engages in the exploration and mining of metallic mineral properties in the Philippines. The company operates in two segments, Mining and Non-Mining. It primarily produces copper concentrate with gold and silver, as well as by-products, including pyrite, magnetite, and molybdenum. The company’s primary project is the Toledo copper mine covering an area of 1,674 hectares located in Toledo City, Cebu province. It also provides and supplies bulk water to local water districts and other customers. In addition, the company engages in the business of searching, prospecting, exploring, and locating of ores and mineral resources, and other exploration work, as well as mining waste disposal, handling, and management. Atlas Consolidated Mining and Development Corporation was formerly known as Masbate Consolidated Mining Company, Inc. Atlas Consolidated Mining and Development Corporation was incorporated in 1935 and is headquartered in Pasay City, the Philippines.
Filipino Market Performance
7D7 Days: -1.2%
3M3 Months: 1.0%
1Y1 Year: 4.3%
YTDYear to Date: 0.05%
Over the last 7 days, the market has dropped 1.2%, driven by declines in the Industrials and Financials sectors of 2.0% and 2.6%, respectively. In contrast to the last week, the market is actually up 4.3% over the past year. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›
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