Alba Mineral Resources (LON:ALBA) Releases Earnings Results

Alba Mineral Resources (LON:ALBA) released its quarterly earnings results on Tuesday. The company reported GBX (0.01) earnings per share for the quarter, Digital Look Earnings reports.

Alba Mineral Resources Trading Up 5.9%

LON:ALBA opened at GBX 0.02 on Wednesday. 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 has a 1-year low of GBX 0.01 and a 1-year high of GBX 0.04. The firm has a market capitalization of £5.01 million, a price-to-earnings ratio of -0.46 and a beta of 0.25. The stock has a fifty day simple moving average of GBX 0.02 and a 200 day simple moving average of GBX 0.02.

Alba Mineral Resources Company Profile

Alba is focused on extracting unexploited value from previously mined/drilled projects, favouring assets in transparent, low-sovereign risk countries offering near-term production opportunities.

To this end, it has a diversified portfolio of unique gold assets in the UK including:
Clogau-St David’s Gold Mine, Wales
Dolgellau Gold Exploration Project, Wales
Gwynfynydd Gold Mine, Wales

Alba also holds funding-risk-free investments in two companies: GreenRoc Mining plc, a listed vehicle fast-tracking the development of its advanced graphite and ilmenite projects in Greenland; and Horse Hill Developments Ltd, a UK-based oil producer.