Alba Mineral Resources (LON:ALBA) Trading 10.3% Higher – Here’s Why

Shares of Alba Mineral Resources plc (LON:ALBAGet Free Report) were up 10.3% on Thursday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 4,569,429 shares changed hands during trading, a decline of 80% from the average daily volume of 22,713,100 shares. The stock had previously closed at GBX 0.03 ($0.00).

Alba Mineral Resources Stock Up 10.3 %

The business’s 50-day simple moving average is GBX 0.04 and its two-hundred day simple moving average is GBX 0.05. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.70 and a current ratio of 0.75.

About Alba Mineral Resources

(Get Free Report)

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.

See Also

Receive News & Ratings for Alba Mineral Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alba Mineral Resources and related companies with MarketBeat.com's FREE daily email newsletter.