Andrada Mining (LON:ATM) Given Buy Rating at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Andrada Mining (LON:ATM) in a research report released on Thursday,Digital Look reports. The brokerage currently has a GBX 11 ($0.14) price objective on the stock.

Andrada Mining Stock Performance

LON:ATM opened at GBX 2.77 ($0.04) on Thursday. The firm has a market capitalization of £45.62 million, a PE ratio of -276.50 and a beta of 0.74. The company has a quick ratio of 0.51, a current ratio of 1.92 and a debt-to-equity ratio of 45.74. Andrada Mining has a 12-month low of GBX 2.10 ($0.03) and a 12-month high of GBX 6 ($0.08). The firm has a 50-day moving average price of GBX 3.03 and a 200 day moving average price of GBX 3.62.

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.