Andrada Mining (LON:ATM) Posts Earnings Results

Andrada Mining (LON:ATM – Get Free Report) released its earnings results on Wednesday. The company reported GBX 0.12 earnings per share for the quarter, Digital Look Earnings reports. Andrada Mining had a negative return on equity of 43.82% and a negative net margin of 35.55%.

Andrada Mining Price Performance

Andrada Mining stock opened at GBX 6.75 on Thursday. The business’s 50-day simple moving average is GBX 6.31 and its 200 day simple moving average is GBX 4.75. The stock has a market cap of £148.43 million, a price-to-earnings ratio of -9.78 and a beta of 0.92. Andrada Mining has a 12-month low of GBX 2.60 and a 12-month high of GBX 7.50. 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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