Andrada Mining (LON:ATM) Price Target Increased to GBX 10 by Analysts at Berenberg Bank

Andrada Mining (LON:ATM) had its price target boosted by Berenberg Bank from GBX 9 ($0.11) to GBX 10 ($0.13) in a research report sent to investors on Thursday, MarketBeat reports. They currently have a buy rating on the stock.

Andrada Mining Trading Up 0.3 %

Shares of ATM stock opened at GBX 3.96 ($0.05) on Thursday. Andrada Mining has a 1 year low of GBX 3.63 ($0.05) and a 1 year high of GBX 8.20 ($0.10). The company has a debt-to-equity ratio of 25.11, a current ratio of 1.37 and a quick ratio of 0.51. The stock’s 50 day simple moving average is GBX 4.78 and its two-hundred day simple moving average is GBX 4.70. The company has a market cap of £62.57 million, a PE ratio of -395.00 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.