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

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

Andrada Mining Trading Up 2.2%

The firm’s 50 day simple moving average is GBX 3.46 and its two-hundred day simple moving average is GBX 3.20. The stock has a market capitalization of £86.97 million, a P/E ratio of -7.62 and a beta of 0.74. The company has a quick ratio of 0.51, a current ratio of 1.93 and a debt-to-equity ratio of 62.31.

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