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

Berenberg Bank reissued their buy rating on shares of Andrada Mining (LON:ATM) in a report published on Thursday, Marketbeat reports. The brokerage currently has a GBX 11 ($0.14) price target on the stock.

Andrada Mining Trading Up 17.0 %

Andrada Mining stock opened at GBX 2.75 ($0.03) on Thursday. The firm has a market cap of £45.38 million, a price-to-earnings ratio of -275.00 and a beta of 0.74. The company has a debt-to-equity ratio of 45.74, a quick ratio of 0.51 and a current ratio of 1.92. The firm’s 50 day moving average price is GBX 3.01 and its two-hundred day moving average price is GBX 3.58. Andrada Mining has a 1 year low of GBX 2.10 ($0.03) and a 1 year high of GBX 6 ($0.08).

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.