Berenberg Bank Reiterates “Buy” Rating for Andrada Mining (LON:ATM)

Berenberg Bank restated their buy rating on shares of Andrada Mining (LON:ATM) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. They currently have a GBX 11 ($0.15) price objective on the stock.

Andrada Mining Stock Down 4.2%

Shares of LON:ATM opened at GBX 2.83 ($0.04) on Tuesday. The stock has a market capitalization of £44.79 million, a P/E ratio of -4.68 and a beta of 0.74. Andrada Mining has a 1 year low of GBX 1.70 ($0.02) and a 1 year high of GBX 4.80 ($0.06). The stock has a 50-day simple moving average of GBX 2.86 and a 200-day simple moving average of GBX 2.63. The company has a debt-to-equity ratio of 62.31, a quick ratio of 0.51 and a current ratio of 1.93.

About Andrada Mining

Andrada Mining Limited is listed on the London Stock Exchange (AIM), New York (OTCQB) and Namibia Stock Exchange, and has mining assets in Namibia, a top-tier investment jurisdiction in Africa. Andrada strives to produce critical raw materials including tin, tantalum and lithium from a large resource portfolio, to contribute to a more sustainable future, improved living conditions and the upliftment of communities adjacent to its operations.