Andromeda Metals Limited operates as a mineral exploration company in Australia. It explores for kaolinite, halloysite, and high purity alumina deposits. Its flagship project is the 100% owned Great White Project comprises three mining tenements and three exploration tenements located in the South Australia. The company was formerly known as Adelaide Resources Limited and changed its name to Andromeda Metals Limited in December 2016. Andromeda Metals Limited was incorporated in 1993 and is headquartered in Adelaide, Australia.
Research context
Andromeda Metals Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Andromeda Metals Limited is currently in a long term downtrend where the price is trading 37.8% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Andromeda Metals Limited's total revenue sank by 46.3% to $6K since the same quarter in the previous year.
Its net income has dropped by 11.9% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 28.9% to $-2M since the same quarter in the previous year.
Based on the above factors, Andromeda Metals Limited gets an overall score of 1/5.