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

Alba Mineral Resources plc (LON:ALBAGet Free Report) shares were down 4% 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 traded 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 Trading Down 4.0 %

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 company’s 50 day moving average is GBX 0.03 and its 200-day moving average is 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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