Alba Mineral Resources (LON:ALBA) Reaches New 12-Month Low at $0.16

Alba Mineral Resources plc (LON:ALBA) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.18 ($0.00), with a volume of 5737808 shares traded. The stock had previously closed at GBX 0.18 ($0.00).

Separately, First Equity restated a “buy” rating on shares of Alba Mineral Resources in a research report on Wednesday, May 15th.

The stock has a 50-day moving average of GBX 0.19 and a 200 day moving average of GBX 0.23. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 2.99.

Alba Mineral Resources Company Profile (LON:ALBA)

Alba Mineral Resources plc, through its subsidiaries, engages in the exploration and development of natural resources primarily in the United Kingdom, Ireland, and Greenland. The company primarily explores for graphite, ilmenite, base metals, gold, and cobalt. The company holds 90% interest in the Amitsoq graphite project; 100% interests in the Thule Black Sands; 51% interests in the Melville Bay iron ore; 100% interest in the Inglefield Land multi-commodity project; and 90% interest in the Gold Mines of Wales.

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