# ANDROMEDA METALS LIMITED

> Australian public company

**Wikidata**: [Q109626906](https://www.wikidata.org/wiki/Q109626906)  
**Source**: https://4ort.xyz/entity/andromeda-metals-limited

## Summary
ANDROMEDA METALS LIMITED is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol ADN. The company began public trading on September 17, 1996, and is characterized by its ability to offer securities to the general public to raise capital.

## Key Facts
- **Official Name**: ANDROMEDA METALS LIMITED
- **Classification**: Public company
- **Stock Exchange**: Australian Securities Exchange (ASX)
- **Ticker Symbol**: ADN
- **Trading Start Date**: September 17, 1996
- **Market Capitalization**: 422,233,598 Australian dollars (as of November 18, 2021)
- **Jurisdiction**: Australia

## FAQs
**What is ANDROMEDA METALS LIMITED?**
It is an Australian-based corporation structured as a public company, allowing its ownership to be distributed among general public shareholders through traded securities.

**Where is ANDROMEDA METALS LIMITED traded?**
The company's shares are listed and traded on the Australian Securities Exchange under the official ticker symbol ADN.

**When did ANDROMEDA METALS LIMITED start trading?**
The company commenced trading on the stock exchange on September 17, 1996.

**What was the market capitalization of ANDROMEDA METALS LIMITED in late 2021?**
On November 18, 2021, the company's market capitalization was recorded at approximately 422.23 million Australian dollars.

## Why It Matters
ANDROMEDA METALS LIMITED represents a standard vehicle for capital formation within the Australian economy as a public company. By listing on the Australian Securities Exchange, the entity provides a mechanism for investors to own a portion of the company and trade those shares openly. This structure contributes to the liquidity and depth of the financial markets, enabling the company to access funds from a wide pool of investors for business operations and growth.

## Notable For
- **Listing Status**: Being officially listed on the Australian Securities Exchange, adhering to the regulatory standards required of public companies.
- **Market Presence**: Maintaining a public trading history since the mid-1990s, specifically starting on September 17, 1996.
- **Valuation**: Achieving a market capitalization of over 422 million Australian dollars as measured in late 2021.

## Body

### Corporate Structure and Classification
ANDROMEDA METALS LIMITED is legally defined as a public company, a specific form of joint-stock organization distinct from private enterprises. As a public company, its primary characteristic is the offering of securities, such as stocks, for sale to the general public rather than a select group of private investors. This structure allows the company to raise capital from a broad base of shareholders. The entity operates under the official name "ANDROMEDA METALS LIMITED" and is recognized as a "publicly held company" or "listed company" within financial contexts.

### Market Presence and Stock Exchange Listing
The company is centrally associated with the Australian Securities Exchange (ASX), which serves as the primary market for its securities. On this exchange, the company is identified by the ticker symbol "ADN." The listing facilitates the trading of ownership stakes among investors, providing liquidity and transparency. The structured data regarding the company confirms its "instance of" classification as a public company and its specific "stock exchange" property as the ASX, with corroborating references pointing to the official ASX directory.

### Trading History and Financial Metrics
ANDROMEDA METALS LIMITED has a defined history of public trading dating back to September 17, 1996. This start time marks the company's entry into the public market, allowing it to function as a traded entity. In terms of financial scale, the company reported a market capitalization of 422,233,598 Australian dollars. This specific valuation was recorded with a point-in-time qualifier of November 18, 2021, providing a snapshot of the company's market value at that moment. The data is sourced from financial market records, specifically referencing the ASX cash market directory.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)