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

Andrada Mining Limited (LON:ATM)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 2.80 ($0.04) and last traded at GBX 2.99 ($0.04), with a volume of 5947229 shares traded. The stock had previously closed at GBX 3.10 ($0.04).

Analyst Ratings Changes

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

Andrada Mining Stock Performance

The firm has a market capitalization of £47.85 million, a price-to-earnings ratio of -290.00 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. The stock has a 50-day moving average price of GBX 3.39 and a 200 day moving average price of GBX 3.94.

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.