Andrada Mining (LON:ATM) Posts Quarterly Earnings Results

Andrada Mining (LON:ATM) released its quarterly earnings data on Wednesday. The company reported GBX 0.12 EPS 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 Stock Performance

LON ATM traded down GBX 0.40 on Thursday, hitting GBX 6.70. 24,031,365 shares of the stock were exchanged, compared to its average volume of 8,639,646. The company has a market capitalization of £147.33 million, a PE ratio of -9.71 and a beta of 0.92. The company has a debt-to-equity ratio of 87.18, a current ratio of 0.65 and a quick ratio of 0.51. The business’s fifty day moving average is GBX 6.31 and its 200 day moving average is GBX 4.75. Andrada Mining has a 52 week low of GBX 2.60 and a 52 week high of GBX 7.50.

Andrada Mining Company Profile

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.