Andrada Mining (LON:ATM) Issues Earnings Results

Andrada Mining (LON:ATM) posted its quarterly earnings results on Wednesday. The company reported GBX 0.12 earnings per share for the quarter, Digital Look Earnings reports. Andrada Mining had a negative net margin of 13.42% and a negative return on equity of 17.96%.

Andrada Mining Stock Up 2.3%

LON:ATM traded up GBX 0.15 during mid-day trading on Friday, hitting GBX 6.75. The stock had a trading volume of 16,352,647 shares, compared to its average volume of 8,612,771. The stock has a 50-day simple moving average of GBX 6.39 and a two-hundred day simple moving average of GBX 4.79. The company has a market capitalization of £148.43 million, a PE ratio of -9.78 and a beta of 0.92. Andrada Mining has a twelve month low of GBX 2.60 and a twelve month high of GBX 7.50. The company has a current ratio of 0.97, a quick ratio of 0.51 and a debt-to-equity ratio of 71.12.

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.