Andrada Mining Limited (LON:ATM – Get Free Report) dropped 13% during trading on Friday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05). Approximately 7,352,490 shares traded hands during trading, an increase of 177% from the average daily volume of 2,654,814 shares. The stock had previously closed at GBX 4.60 ($0.06).
Andrada Mining Price Performance
The company has a current ratio of 1.37, a quick ratio of 0.51 and a debt-to-equity ratio of 25.11. The business has a 50-day moving average price of GBX 4.89 and a 200 day moving average price of GBX 4.76. The stock has a market cap of £64.46 million, a PE ratio of -460.00 and a beta of 0.73.
About Andrada Mining
Andrada Mining Limited, together with its subsidiaries, is involved in the exploration and development of projects in Namibia and South Africa. Its flagship asset is the Uis brownfield tin mine located in the Erongo region, Namibia. The company was formerly known as AfriTin Mining Limited and changed its name to Andrada Mining Limited in January 2023.
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