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Andrada Mining (LON:ATM) Stock Price Up 19.1% - Here's What Happened

Andrada Mining logo with Basic Materials background
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Andrada Mining Limited (LON:ATM - Get Free Report) shares were up 19.1% during mid-day trading on Friday . The company traded as high as GBX 4.30 ($0.06) and last traded at GBX 4.20 ($0.05). Approximately 7,914,312 shares traded hands during trading, a decline of 39% from the average daily volume of 12,916,672 shares. The stock had previously closed at GBX 3.53 ($0.05).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 11 ($0.14) price objective on shares of Andrada Mining in a research report on Thursday, November 28th.

Check Out Our Latest Report on ATM

Andrada Mining Stock Performance

The company has a market capitalization of £57.07 million, a PE ratio of -5.96 and a beta of 0.74. The company has a debt-to-equity ratio of 62.31, a quick ratio of 0.51 and a current ratio of 1.93. The company has a 50 day moving average price of GBX 2.32 and a 200 day moving average price of GBX 2.72.

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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