Andrada Mining (LON:ATM) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Andrada Mining (LON:ATM) in a research report sent to investors on Monday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 10 ($0.13) price target on the stock.

Andrada Mining Price Performance

Shares of ATM opened at GBX 3.60 ($0.05) on Monday. The firm has a market cap of £59.40 million, a price-to-earnings ratio of -367.00 and a beta of 0.74. The stock has a 50 day moving average of GBX 3.45 and a 200-day moving average of GBX 4.23. The company has a current ratio of 1.92, a quick ratio of 0.51 and a debt-to-equity ratio of 45.74. Andrada Mining has a 52 week low of GBX 2.84 ($0.04) and a 52 week high of GBX 7.90 ($0.10).

Andrada Mining Company Profile

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.