Andrada Mining (LON:ATM) Sets New 52-Week High – Here’s What Happened

by · The Cerbat Gem

Andrada Mining Limited (LON:ATM – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 4.80 and last traded at GBX 4.65, with a volume of 12970160 shares. The stock had previously closed at GBX 4.55.

Andrada Mining Trading Up 2.2%

The firm’s 50 day simple moving average is GBX 3.46 and its two-hundred day simple moving average is GBX 3.20. The stock has a market capitalization of £86.97 million, a P/E ratio of -7.62 and a beta of 0.74. The company has a quick ratio of 0.51, a current ratio of 1.93 and a debt-to-equity ratio of 62.31.

Andrada Mining (LON:ATM – Get Free Report) last posted its quarterly earnings results on Thursday, November 27th. The company reported GBX (0.19) earnings per share for the quarter. Andrada Mining had a negative return on equity of 28.67% and a negative net margin of 44.64%. As a group, analysts forecast that Andrada Mining Limited will post 0.2002584 earnings per share for the current fiscal year.

About Andrada Mining

(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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