Added to YB: 2026-09-04
Pitch date: 2026-09-02
ATM.L [bullish]
Andrada Mining Limited
+3.33%
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 134.1M
Pitch Price
GBP 0.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
181.25
P/E
-20.62
EV/Sales
4.88
Sector
Metals and Mining
Category
turnaround
An ATM that starts to spit out cash
ATM.L (monitor): Andrada has moved from a geological story toward a test of whether Uis can become a lower-cost, cash-generative tin operation. A fully funded NAD98m ore sorter should reject waste, lift grade and spread fixed costs over more production; 1Q27 contained tin reached a record 286 tonnes. The key question is whether commissioning delivers sustained cost reductions and positive free cash flow without further material dilution, despite debt, royalties and tin-price exposure.
Read full article (10 min)