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

Andrada Mining Limited (LON:ATM) shares reached a new 52-week high on Thursday . The company traded as high as GBX 4.80 and last traded at GBX 4.65, with a volume of 12970160 shares traded. The stock had previously closed at GBX 4.55.

Andrada Mining Price Performance

The company has a debt-to-equity ratio of 62.31, a quick ratio of 0.51 and a current ratio of 1.93. The business has a 50 day simple moving average of GBX 3.46 and a 200-day simple moving average of GBX 3.20. The firm has a market cap of £86.97 million, a price-to-earnings ratio of -7.62 and a beta of 0.74.

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

About Andrada Mining

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.