Alba Mineral Resources (LON:ALBA) Stock Price Down 8% – Here’s What Happened

Alba Mineral Resources plc (LON:ALBAGet Free Report) shares dropped 8% on Monday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 9,544,634 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 23,035,172 shares. The stock had previously closed at GBX 0.03 ($0.00).

Alba Mineral Resources Stock Performance

The business has a 50 day simple moving average of GBX 0.03 and a two-hundred day simple 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.

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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