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

Alba Mineral Resources plc (LON:ALBAGet Free Report)’s stock price traded down 4% on Tuesday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 17,126,869 shares changed hands during mid-day 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 Trading Down 4.2 %

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

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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