SmallCaps
ASX:ADNMaterialsDiversified Metals & Mining

Andromeda Metals Ltd

Andromeda Metals Limited is an Australia-based industrial minerals company.

$0.006 $0.000 (0.00%)AUD · Closed
-53.8%52-week return
Day Range
$0.006$0.007
52 Week Range
$0.005$0.025
Volume
4.22M
Avg Volume (10D)
12.87M
Market Cap
$33.41M
The company

The business

What Andromeda Metals Ltd does

Andromeda Metals Limited is an Australia-based industrial minerals company. The Company is engaged in the sustainable supply of industrial minerals and the advancement of nanotechnologies. The Company's Great White Project (GWP) contains several deposits containing a naturally occurring blend of halloysite tubes and kaolinite plates. The Great White Project is located within the District Council of Streaky Bay, near the community of Poochera on the Eyre Peninsula in South Australia. Its Mount Hope Kaolin Project is located 80 kilometers (km) northwest of Port Lincoln on the Eyre Peninsula in South Australia. The Company’s Eyre Kaolin Project is composed of four exploration tenements totaling 2,799 square kilometers on the Western Eyre Peninsula, South Australia. It is also advancing a High Purity Alumina (HPA) Project in South Australia, leveraging its proprietary low-carbon processing technology and using premium refined Great White kaolin product as a feedstock.

Incorporated
AUS
Public since
1996-09-17
Employees
3
Shareholders
12,259
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Share price & key data

Share price

OHLC · volume · moving averages
$0.006-$0.007 (-53.85%)over 6M
Hi$0.013Lo$0.005
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.006
Prev Close
$0.006
Day High
$0.007
Day Low
$0.006
52wk High
$0.025
52wk Low
$0.005

Valuation

Multiples
Market Cap
$33.41M
Shares Out
5.57B
Price/Book
0.40

Trading Activity

Volume & book
Volume
4.22M
Value Traded
$26.70K
Bid
$0.006 × 10,590,044
Ask
$0.007 × 46,260,653
Avg Vol 10D
12.87M

Performance

Total return
1 Day
-14.29%
5 Day
-14.29%
13 Week
-33.33%
52 Week
-53.85%
YTD
-57.14%
Peers & news

Latest news

From the Small Caps desk
Andromeda Metals Demonstrates Strong Economics Of HPA Process with New Scoping Study
Mining & Resources

Andromeda Metals Demonstrates Strong Economics Of HPA Process with New Scoping Study

Andromeda Metals (ASX: ADN) has demonstrated market-leading economics from a scoping study evaluating the use of its patented high purity alumina (HPA) process using kaolin feedstock from the Great White project in South Australia. The company commissioned the study after recent test work confirmed the low-carbon process could produce HPA to 99.9985% purity from Great […]

Andromeda Metals achieves breakthrough in lower-emission HPA production at Great White
Mining & Resources

Andromeda Metals achieves breakthrough in lower-emission HPA production at Great White

South Australian minerals explorer Andromeda Metals (ASX: ADN) has unveiled a major breakthrough in the commercial production of critical mineral high purity alumina (HPA). Added to Australia’s critical minerals list in March 2022, HPA is a refined form of aluminium oxide with a purity level of 99.99% or higher, making it essential for various high-tech […]

Trigg Minerals shareholders vote in favour of Rush Resources and Drummond gold project acquisitions
Mining & Resources

Trigg Minerals shareholders vote in favour of Rush Resources and Drummond gold project acquisitions

Shareholders of Trigg Minerals (ASX: TMG) have approved the proposed acquisitions of Rush Resources and the advanced Drummond gold project in Queensland from Andromeda Metals (ASX: ADN). Trigg confirmed that more than 97% of votes were in favour of the transaction. Rush holds exclusive rights to purchase Drummond, which is located in the multi-million-ounce Drummond […]

Oar Resources restarts drilling at Gibraltar to expand on high-grade halloysite discovery
Mining & Resources

Oar Resources restarts drilling at Gibraltar to expand on high-grade halloysite discovery

Oar Resources (ASX: OAR) has begun follow up and extensional aircore drilling at its Gibraltar halloysite-kaolin project, which is adjacent to Andromeda Metals’ (ASX: ADN) Mt Hope project in South Australia’s Eyre Peninsula. The company plans to complete 47-holes for 2,500m of drilling across a 400m-by-400m grid. Drilling will focus on an area 3.5km to […]

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