Alba Mineral Resources (LON:ALBA) Hits New 1-Year Low – Should You Sell?

Alba Mineral Resources plc (LON:ALBAGet Free Report) shares 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 Trading Up 4.5 %

The company has a debt-to-equity ratio of 0.05, a current ratio of 0.75 and a quick ratio of 3.70. The firm’s fifty day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.04.

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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