Andrada Mining Limited (LON:ATM - Get Free Report) traded up 1.4% during trading on Thursday . The company traded as high as GBX 3.80 and last traded at GBX 3.75. 3,182,612 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 10,019,816 shares. The stock had previously closed at GBX 3.70.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 8 price target on shares of Andrada Mining in a research report on Thursday, March 26th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of GBX 8.
View Our Latest Report on Andrada Mining
Andrada Mining Price Performance
The firm has a market capitalization of £73.97 million, a PE ratio of -6.15 and a beta of 0.98. The business has a 50-day moving average of GBX 3.63 and a 200 day moving average of GBX 3.52. The company has a current ratio of 1.09, a quick ratio of 0.51 and a debt-to-equity ratio of 82.71.
Andrada Mining Company Profile
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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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