Andrada Mining (LON:ATM) Reaches New 1-Year Low at $3.10

Andrada Mining Limited (LON:ATM) shares reached a new 52-week low on Thursday . The company traded as low as GBX 3.10 ($0.04) and last traded at GBX 3.30 ($0.04), with a volume of 6048866 shares changing hands. The stock had previously closed at GBX 3.35 ($0.04).

Analyst Ratings Changes

Separately, Berenberg Bank boosted their target price on shares of Andrada Mining from GBX 9 ($0.12) to GBX 10 ($0.13) and gave the stock a “buy” rating in a research note on Thursday, June 27th.

Andrada Mining Stock Performance

The company has a market cap of £52.14 million, a PE ratio of -314.50 and a beta of 0.73. The company has a debt-to-equity ratio of 25.11, a quick ratio of 0.51 and a current ratio of 1.37. The firm’s 50 day moving average is GBX 4.31 and its 200-day moving average is GBX 4.48.

Andrada Mining Company Profile

Andrada Mining Limited, together with its subsidiaries, is involved in the exploration and development of projects in Namibia and South Africa. Its flagship asset is the Uis brownfield tin mine located in the Erongo region, Namibia. The company was formerly known as AfriTin Mining Limited and changed its name to Andrada Mining Limited in January 2023.