Andrada Mining (LON:ATM) Stock Price Up 1.3% – What’s Next?

Andrada Mining Limited (LON:ATM) rose 1.3% on Thursday . The company traded as high as GBX 3.86 and last traded at GBX 3.80. Approximately 7,502,602 shares were traded during mid-day trading, an increase of 58% from the average daily volume of 4,751,821 shares. The stock had previously closed at GBX 3.75.

Andrada Mining Price Performance

The company has a debt-to-equity ratio of 62.31, a quick ratio of 0.51 and a current ratio of 1.93. The company’s 50 day moving average price is GBX 3.39 and its 200-day moving average price is GBX 3.16. The company has a market cap of £71.07 million, a price-to-earnings ratio of -6.23 and a beta of 0.74.

Andrada Mining (LON:ATM) last released its earnings results on Thursday, November 27th. The company reported GBX (0.19) EPS for the quarter. Andrada Mining had a negative net margin of 44.64% and a negative return on equity of 28.67%. On average, equities research analysts forecast that Andrada Mining Limited will post 0.2002584 earnings per share for the current fiscal year.

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.