Shares of Andrada Mining Limited (LON:ATM – Get Free Report) rose 13.2% during trading on Friday . The company traded as high as GBX 5.70 and last traded at GBX 5.66. Approximately 22,145,641 shares changed hands during mid-day trading, an increase of 182% from the average session volume of 7,864,728 shares. The stock had previously closed at GBX 5.
Andrada Mining Trading Up 13.2%
The stock’s 50-day moving average price is GBX 4.05 and its 200 day moving average price is GBX 3.89. The company has a debt-to-equity ratio of 82.71, a current ratio of 1.09 and a quick ratio of 0.51. The firm has a market capitalization of £124.46 million, a PE ratio of -9.28 and a beta of 0.99.
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.
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