Andrada Mining (LON:ATM) Reaches New 1-Year Low – Should You Sell?

Andrada Mining Limited (LON:ATMGet Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 2.80 ($0.04) and last traded at GBX 2.99 ($0.04), with a volume of 5947229 shares. The stock had previously closed at GBX 3.10 ($0.04).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 10 ($0.13) price target on shares of Andrada Mining in a report on Monday, September 9th.

Read Our Latest Report on Andrada Mining

Andrada Mining Stock Performance

The stock has a market capitalization of £47.85 million, a PE ratio of -290.00 and a beta of 0.74. The firm’s fifty day moving average is GBX 3.39 and its 200-day moving average is GBX 3.94. 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 Company Profile

(Get Free Report)

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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