Andrada Mining (LON:ATM) Posts Quarterly Earnings Results

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

Andrada Mining Stock Up 2.3%

Shares of LON:ATM traded up GBX 0.15 during trading on Friday, reaching GBX 6.75. 16,352,647 shares of the stock traded hands, compared to its average volume of 8,612,771. The stock has a market cap of £148.43 million, a P/E ratio of -9.78 and a beta of 0.92. The company has a debt-to-equity ratio of 71.12, a quick ratio of 0.51 and a current ratio of 0.97. The stock has a 50-day moving average of GBX 6.35 and a two-hundred day moving average of GBX 4.77. Andrada Mining has a 52-week low of GBX 2.60 and a 52-week high of GBX 7.50.

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.