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Andrada Mining Converts US$3.06m Debt to Equity, Frees Key Tin Asset

Story Highlights
  • Andrada is converting US$3.06 million of shareholder debt and fees into 59.36 million new shares, strengthening its balance sheet without using cash.
  • The conversion, a related-party deal at a discount, releases security over Andrada’s second tin processing plant and boosts operational and financing flexibility while increasing total shares to about 1.93 billion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andrada Mining Converts US$3.06m Debt to Equity, Frees Key Tin Asset

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The latest announcement is out from Andrada Mining ( (GB:ATM) ).

Andrada Mining has agreed to convert a US$3.06 million loan and unpaid fees owed to major shareholder The Orange Trust into 59.36 million new ordinary shares, de-leveraging its balance sheet and avoiding any cash outflow. The deal, priced at a roughly 10% discount to the recent share price and treated as a related-party transaction under AIM rules, releases security over the company’s second tin processing plant, thereby improving operational flexibility and future financing options while signalling continued long-term support from a key institutional investor; following admission of the new shares to trading on AIM on 22 January 2026, Andrada’s issued share capital will rise to about 1.93 billion ordinary shares.

The most recent analyst rating on (GB:ATM) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on Andrada Mining stock, see the GB:ATM Stock Forecast page.

Spark’s Take on GB:ATM Stock

According to Spark, TipRanks’ AI Analyst, GB:ATM is a Neutral.

The score is held back primarily by weak financial performance—ongoing losses, negative ROE, and negative operating/free cash flow—despite solid revenue growth. Technicals are supportive with a clear uptrend, but momentum indicators are elevated, increasing pullback risk. Valuation is constrained by a negative P/E and no provided dividend yield.

To see Spark’s full report on GB:ATM stock, click here.

More about Andrada Mining

Andrada Mining Limited is a multi-listed mining company with operations in Namibia, focused on producing tin and a broader portfolio of critical raw materials including lithium, tungsten, tantalum and copper. Positioned in a key African mining jurisdiction, the company targets metals central to the green energy transition and supplies inputs essential for technologies such as electric vehicles, solar panels and wind turbines.

YTD Price Performance: 23.48%

Average Trading Volume: 7,077,790

Technical Sentiment Signal: Buy

Current Market Cap: £79.68M

See more data about ATM stock on TipRanks’ Stock Analysis page.

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