Andrada Mining Limited (LON:ATM – Get Free Report) shares dropped 1.4% on Thursday. The company traded as low as GBX 6.70 and last traded at GBX 6.90. Approximately 3,823,152 shares traded hands during trading, a decline of 56% from the average session volume of 8,646,090 shares. The stock had previously closed at GBX 7.
Andrada Mining Trading Down 1.4%
The stock has a 50-day simple moving average of GBX 5.79 and a 200 day simple moving average of GBX 4.51. The company has a current ratio of 0.65, a quick ratio of 0.51 and a debt-to-equity ratio of 87.18. The company has a market cap of £151.73 million, a price-to-earnings ratio of -10.00 and a beta of 0.92.
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.
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