Andrada Mining (LON:ATM) Releases Earnings Results

Andrada Mining (LON:ATM) posted its quarterly earnings data on Wednesday. The company reported GBX 0.12 earnings per share 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 Down 4.9%

LON ATM traded down GBX 0.35 during trading on Thursday, hitting GBX 6.75. The stock had a trading volume of 16,650,471 shares, compared to its average volume of 8,603,968. The company has a market capitalization of £148.43 million, a PE ratio of -9.78 and a beta of 0.92. The company’s 50-day moving average price is GBX 6.31 and its two-hundred day moving average price is GBX 4.75. The company has a debt-to-equity ratio of 87.18, a quick ratio of 0.51 and a current ratio of 0.65. Andrada Mining has a 12 month low of GBX 2.60 and a 12 month high of GBX 7.50.

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.