Alba Mineral Resources (LON:ALBA) Stock Price Down 12.5% – Time to Sell?

Alba Mineral Resources plc (LON:ALBAGet Free Report) traded down 12.5% during trading on Thursday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 6,745,000 shares changed hands during trading, a decline of 71% from the average session volume of 23,018,854 shares. The stock had previously closed at GBX 0.04 ($0.00).

Alba Mineral Resources Stock Performance

The business has a 50-day moving average price of GBX 0.04 and a two-hundred day moving average price of GBX 0.06. The company has a current ratio of 0.75, a quick ratio of 3.70 and a debt-to-equity ratio of 0.05.

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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