Andrada Mining (LON:ATM) Hits New 1-Year High – Time to Buy?

Shares of Andrada Mining Limited (LON:ATMGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 6.60 and last traded at GBX 6.30, with a volume of 34137629 shares changing hands. The stock had previously closed at GBX 6.34.

Andrada Mining Stock Down 4.6%

The firm has a market capitalization of £127.98 million, a PE ratio of -8.43 and a beta of 0.92. The firm’s 50-day moving average is GBX 4.66 and its 200 day moving average is GBX 4.09. The company has a debt-to-equity ratio of 87.18, a quick ratio of 0.51 and a current ratio of 0.65.

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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