Alba Mineral Resources (LON:ALBA) Trading Down 4% – Should You Sell?

Alba Mineral Resources plc (LON:ALBAGet Free Report) shares dropped 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). Approximately 5,059,550 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 23,017,445 shares. The stock had previously closed at GBX 0.03 ($0.00).

Alba Mineral Resources Price Performance

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

Alba Mineral Resources Company Profile

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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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