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 23 May 2020

AfriTin Mining logo


AfriTin Mining Ltd (LON:ATM) rose 33.3% during trading on Thursday . The company traded as high as GBX 1.90 ($0.02) and last traded at GBX 1.80 ($0.02), approximately 2,161,169 shares traded hands during trading. An increase of 869% from the average daily volume of 223,043 shares. The stock had previously closed at GBX 1.35 ($0.02).

The company’s fifty day simple moving average is GBX 1.86 and its two-hundred day simple moving average is GBX 2.52. The company has a market capitalization of $11.76 million and a price-to-earnings ratio of -9.00. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.32 and a current ratio of 1.35.

About AfriTin Mining (LON:ATM)

Afritin Mining Limited operates as a mining company with a portfolio of production tin assets in Namibia and South Africa. Its flagship asset is the Uis brownfield tin mine located in the Erongo Region, north-west Namibia. The company is based in Johannesburg, South Africa.

SOURCE: THe Markets Daily