Alba Mineral Resources (LON:ALBA) Stock Price Down 4% – Time to Sell?

by · The Markets Daily

Shares of Alba Mineral Resources plc (LON:ALBA – Get Free Report) dropped 4% during mid-day trading on Monday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 17,126,869 shares changed hands during trading, a decline of 26% from the average daily volume of 23,065,143 shares. The stock had previously closed at GBX 0.03 ($0.00).

Alba Mineral Resources Stock Up 4.2 %

The firm has a 50 day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.04. The company has a quick ratio of 3.70, a current ratio of 0.75 and a debt-to-equity ratio of 0.05.

Alba Mineral Resources Company Profile

(Get Free Report)

Alba Mineral Resources plc, together with its subsidiaries, engages in the exploration and development of natural resources. It primarily explores for gold, graphite, ilmenite, and iron ore deposits. The company owns 100% interests in the Clogau Gold, and the Gwynfynydd Gold Mine projects located in Wales; and the Thule Black Sands, the Amitsoq Graphite project, and the Melville Bay Iron project located in Greenland.

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