Andrada Mining (LON:ATM) Trading 7.2% Higher – Here’s What Happened

Andrada Mining Limited (LON:ATMGet Free Report) traded up 7.2% during trading on Tuesday . The company traded as high as GBX 3.20 ($0.04) and last traded at GBX 3.11 ($0.04). 3,198,422 shares traded hands during trading, a decline of 72% from the average session volume of 11,581,664 shares. The stock had previously closed at GBX 2.90 ($0.04).

Andrada Mining Stock Up 13.8 %

The business has a 50-day moving average price of GBX 2.57 and a 200 day moving average price of GBX 2.71. The stock has a market capitalization of £52.32 million, a P/E ratio of -5.47 and a beta of 0.74. The company has a current ratio of 1.93, a quick ratio of 0.51 and a debt-to-equity ratio of 62.31.

About Andrada Mining

(Get Free Report)

Andrada Mining Limited is a mining company with an ambition to become the tech-metal champion of Africa. The Company’s flagship asset, the Uis Mine in Namibia, is a globally significant, conflict-free, tin-producing mine with additional tech-metal development opportunities. Formerly the world’s largest hard-rock open cast tin mine, Uis surpassed Phase 1 nameplate production of 720tpa tin in November 2020.

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