Andrada Mining (LON:ATM) Shares Up 13.2% – Here’s What Happened

Andrada Mining Limited (LON:ATMGet Free Report)’s stock price traded up 13.2% during mid-day trading on Friday . The stock traded as high as GBX 5.70 and last traded at GBX 5.66. Approximately 22,145,641 shares were traded during mid-day trading, an increase of 182% from the average daily volume of 7,864,728 shares. The stock had previously closed at GBX 5.

Andrada Mining Price Performance

The business has a fifty day moving average of GBX 4.02 and a two-hundred day moving average of GBX 3.87. The firm has a market capitalization of £124.46 million, a price-to-earnings ratio of -9.28 and a beta of 0.99. The company has a debt-to-equity ratio of 82.71, a quick ratio of 0.51 and a current ratio of 1.09.

About Andrada Mining

(Get Free Report)

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.

Read More

Receive News & Ratings for Andrada Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andrada Mining and related companies with MarketBeat.com's FREE daily email newsletter.