Andrada Mining (LON:ATM) Hits New 1-Year High – Here’s What Happened

Andrada Mining Limited (LON:ATMGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 6.70 and last traded at GBX 6.56, with a volume of 40214563 shares changing hands. The stock had previously closed at GBX 6.38.

Andrada Mining Price Performance

The business has a fifty day moving average of GBX 5.01 and a 200 day moving average of GBX 4.21. The firm has a market cap of £156.12 million, a P/E ratio of -10.29 and a beta of 0.92. The company has a quick ratio of 0.51, a current ratio of 0.65 and a debt-to-equity ratio of 87.18.

About Andrada Mining

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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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