Alba Mineral Resources (LON:ALBA) Shares Down 4% – Here’s Why

Alba Mineral Resources plc (LON:ALBAGet Free Report) fell 4% during trading on Monday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 17,126,869 shares were traded during trading, a decline of 26% from the average session 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 stock has a 50 day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.04. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.75 and a quick ratio of 3.70.

About Alba Mineral Resources

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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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