Andrada Mining (LON:ATM) Reaches New 12-Month High – Here’s What Happened

Andrada Mining Limited (LON:ATMGet Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as GBX 6.70 and last traded at GBX 6.56, with a volume of 40214563 shares changing hands. The stock had previously closed at GBX 6.38.

Andrada Mining Trading Up 2.8%

The stock has a market cap of £144.25 million, a PE ratio of -9.51 and a beta of 0.92. The firm has a 50-day simple moving average of GBX 4.89 and a 200-day simple moving average of GBX 4.17. The company has a quick ratio of 0.51, a current ratio of 0.65 and a debt-to-equity ratio of 87.18.

Andrada Mining Company Profile

(Get Free Report)

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.

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