Alba Mineral Resources (LON:ALBA) Hits New 52-Week Low – Here’s Why

Alba Mineral Resources plc (LON:ALBA) reached a new 52-week low during trading on Friday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00), with a volume of 80390609 shares. The stock had previously closed at GBX 0.03 ($0.00).

Alba Mineral Resources Trading Down 3.7 %

The stock’s fifty day moving average price is GBX 0.04 and its 200 day moving average price is 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.

Alba Mineral Resources Company Profile

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.