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

Andrada Mining Limited (LON:ATM)’s share price hit a new 52-week high on Monday . The company traded as high as GBX 6.20 and last traded at GBX 5.70, with a volume of 21632725 shares trading hands. The stock had previously closed at GBX 5.66.

Andrada Mining Trading Up 3.3%

The company has a current ratio of 1.09, a quick ratio of 0.51 and a debt-to-equity ratio of 82.71. The company has a market capitalization of £138.53 million, a price-to-earnings ratio of -10.33 and a beta of 0.99. The company has a fifty day moving average of GBX 4.14 and a 200-day moving average of GBX 3.91.

Andrada Mining Company Profile

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.