Andrada Mining Ltd, formerly AfriTin Mining Limited, is a Guernsey-based mining company. The principal activity of the company and its subsidiaries is mineral exploration and the development of mining and exploration projects in Namibia. The Company’s flagship asset is the Uis Tin Mine in Namibia, which is a hard-rock open cast tin mine. It produces and sells tin concentrate from its Uis Tin Mine. It also holds Namibian exploration licenses, EPL5445 and EPL5670 for the exploration of tin, tantalum and associated minerals. Andrada Mining Limited acquired the tin assets of Bushveld Minerals Limited (“Bushveld”) in Namibia and South Africa.
Andrada is an OTC stock which was listed in February 2021 at 0.0648 per share. In September 2022, Andrada share price went as low as 0.0008 which is the worst price ever. After this low, there was a sudden rise in the price in January 2023 as price opened at 0.0620. This jump was about 8650% appreciation in share price. The current all-time high of Andrada share price is 0.0998. With this bullish momentum, Andrada share price might rally to a new all-time high in the coming months. On the 4 hr Chart, price of Andrada has been oversold. The next rally to a new all-time high might make price reach an overbought position on the RSI.
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