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

Alba Mineral Resources plc (LON:ALBAGet Free Report)’s stock price was down 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 mid-day 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 Down 4.0 %

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

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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