Andrada Mining’s (ATM) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Andrada Mining (LON:ATM) in a research report sent to investors on Tuesday morning, MarketBeat.com reports. The firm currently has a GBX 11 ($0.15) target price on the stock.

Andrada Mining Stock Performance

Shares of ATM opened at GBX 2.83 ($0.04) on Tuesday. The company has a current ratio of 1.93, a quick ratio of 0.51 and a debt-to-equity ratio of 62.31. The firm has a market cap of £44.79 million, a PE ratio of -4.68 and a beta of 0.74. The company’s 50 day simple moving average is GBX 2.86 and its 200-day simple moving average is GBX 2.63. Andrada Mining has a 12-month low of GBX 1.70 ($0.02) and a 12-month high of GBX 4.80 ($0.06).

About Andrada Mining

Andrada Mining Limited is listed on the London Stock Exchange (AIM), New York (OTCQB) and Namibia Stock Exchange, and has mining assets in Namibia, a top-tier investment jurisdiction in Africa. Andrada strives to produce critical raw materials including tin, tantalum and lithium from a large resource portfolio, to contribute to a more sustainable future, improved living conditions and the upliftment of communities adjacent to its operations.