Andrada Mining (LON:ATM) Stock Price Up 10.4% – What’s Next?

Andrada Mining Limited (LON:ATM) was up 10.4% during mid-day trading on Friday . The company traded as high as GBX 4.30 and last traded at GBX 4.20. Approximately 25,541,172 shares changed hands during trading, an increase of 93% from the average daily volume of 13,260,791 shares. The stock had previously closed at GBX 3.80.

Andrada Mining Stock Up 12.6%

The company has a debt-to-equity ratio of 62.31, a quick ratio of 0.51 and a current ratio of 1.93. The firm has a market cap of £82.59 million, a price-to-earnings ratio of -7.02 and a beta of 0.74. The business’s 50 day moving average price is GBX 3.87 and its 200 day moving average price is GBX 3.45.

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

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.