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Andrada Mining Executives Sell Shares to Meet Tax Obligations

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Andrada Mining Executives Sell Shares to Meet Tax Obligations

Andrada Mining ( (GB:ATM) ) has shared an update.

Andrada Mining Limited announced that its Chief Strategy Officer, Frans Van Daalen, and Chief Operational Officer, Chris Smith, sold a significant number of shares to meet taxation obligations. Van Daalen sold 7,382,811 shares, while Smith sold 655,673 shares, both at a price of 1.96 pence. This move is part of routine financial management and is not expected to impact the company’s operations or market positioning significantly.

More about Andrada Mining

Andrada Mining Limited is a company listed on the London Stock Exchange (AIM), New York (OTCQB), and Namibia Stock Exchange. It focuses on producing critical raw materials from its mining assets in Namibia, aiming to support the green energy transition. The company is strategically positioned to become a leading African producer of essential metals like tin, lithium, tungsten, tantalum, and copper, which are crucial for electric vehicles, solar panels, and wind turbines.

YTD Price Performance: -6.67%

Average Trading Volume: 13,382

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $43M

Find detailed analytics on ATM stock on TipRanks’ Stock Analysis page.

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