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

Berenberg Bank reaffirmed their buy rating on shares of Andrada Mining (LON:ATM) in a report released on Tuesday, Marketbeat Ratings reports. The firm currently has a GBX 11 ($0.15) price target on the stock.

Andrada Mining Price Performance

ATM stock opened at GBX 2.90 ($0.04) on Tuesday. The firm has a 50 day simple moving average of GBX 2.84 and a two-hundred day simple moving average of GBX 2.63. The stock has a market cap of £45.99 million, a PE ratio of -4.81 and a beta of 0.74. Andrada Mining has a one year low of GBX 1.70 ($0.02) and a one year high of GBX 4.80 ($0.06). The company has a debt-to-equity ratio of 62.31, a current ratio of 1.93 and a quick ratio of 0.51.

About Andrada Mining

Andrada Mining Limited is listed on the London Stock Exchange (AIM), New York (OTCQB) and Namibia Stock Exchange, and has mining assets in Namibia, a top-tier investment jurisdiction in Africa. Andrada strives to produce critical raw materials including tin, tantalum and lithium from a large resource portfolio, to contribute to a more sustainable future, improved living conditions and the upliftment of communities adjacent to its operations.