Alba Mineral Resources (LON:ALBA) Sets New 1-Year Low – Here’s What Happened

Alba Mineral Resources plc (LON:ALBAGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00), with a volume of 72819852 shares changing hands. The stock had previously closed at GBX 0.02 ($0.00).

Alba Mineral Resources Price Performance

The stock 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 quick ratio of 3.70, a current ratio of 0.75 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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