Added to YB: 2025-06-10
Pitch date: 2025-06-07
ATM.L [neutral]
Andrada Mining Limited
+43.4%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Andrada Mining Limited engages in the exploration, development, and production of mineral resources in Namibia.
Market Cap
GBP 87.8M
Pitch Price
GBP 0.03
Price Target
0.06 (+45%)
Dividend
N/A
EV/EBITDA
594.91
P/E
-8.05
EV/Sales
4.27
Sector
Metals and Mining
Category
value
11 Bagger ATM? Andrada Mining Limited
ATM.L (overvalued): Not bullish on 1Q26 results despite positive chatter. AISC -$28,999 worse than prior quarters, 0.136% tin grade down 10% YoY. Even optimistic 3yr projections show £14m profit (unrealistic $600/t Li cost) or £6.2m profit (realistic cost), far below broker's 33p target implying 39-89x P/E. 5.5p fair in 1-2yr.
Read full article (4 min)