Andrada Mining (LON:ATM) Reaches New 1-Year High – Time to Buy?

Andrada Mining Limited (LON:ATMGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 5.04 and last traded at GBX 4.90, with a volume of 24344604 shares traded. The stock had previously closed at GBX 4.55.

Andrada Mining Stock Performance

The firm’s fifty day moving average price is GBX 3.96 and its 200-day moving average price is GBX 3.86. The company has a market cap of £107.53 million, a P/E ratio of -8.02 and a beta of 0.99. The company has a current ratio of 1.09, a quick ratio of 0.51 and a debt-to-equity ratio of 82.71.

Andrada Mining Company Profile

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Andrada Mining Limited, formerly Afritin Mining Limited, is a London-listed technology metals mining company with a vision to create a portfolio of globally significant, conflict-free, production and exploration assets. The Company’s flagship asset is the Uis Mine in Namibia, formerly the world’s largest hard-rock open cast tin mine and currently being re-developed as a major tin-tantalum-lithium producer. An exploration drilling programme is currently underway with the aim of expanding the tin resource over the fourteen additional, historically mined pegmatites that occur within a 5km radius of the current processing plant.

Further Reading

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