Andrada Mining (LON:ATM) Trading Up 7.6% - What's Next?

Andrada Mining Limited (LON:ATM - Get Free Report)'s share price rose 7.6% during mid-day trading on Tuesday . The stock traded as high as GBX 3.17 ($0.04) and last traded at GBX 3.07 ($0.04). Approximately 1,363,034 shares were traded during trading, a decline of 86% from the average daily volume of 9,794,095 shares. The stock had previously closed at GBX 2.85 ($0.04).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 11 ($0.15) price target on shares of Andrada Mining in a report on Thursday, April 10th.

Andrada Mining Stock Performance

The company has a debt-to-equity ratio of 62.31, a current ratio of 1.93 and a quick ratio of 0.51. The company has a market cap of £47.56 million, a PE ratio of -4.97 and a beta of 0.74. The business has a fifty day simple moving average of GBX 2.86 and a two-hundred day simple moving average of GBX 2.59.

Andrada Mining Company Profile

Andrada Mining Limited is listed on the London Stock Exchange (AIM), New York (OTCQB) and Namibia Stock Exchange, and has mining assets in Namibia, a top-tier investment jurisdiction in Africa. Andrada strives to produce critical raw materials including tin, tantalum and lithium from a large resource portfolio, to contribute to a more sustainable future, improved living conditions and the upliftment of communities adjacent to its operations.