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

Shares of Alba Mineral Resources plc (LON:ALBAGet Free Report) were down 4% on Monday . The stock 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 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 Price Performance

The firm’s 50 day simple moving average is GBX 0.03 and its two-hundred day simple moving average is 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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