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Alba Mineral Resources plc (LON:ALBA – Get Free Report)’s stock price dropped 11.1% on Saturday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 52,543,324 shares were traded during trading, a decline of 28% from the average daily volume of 73,017,203 shares. The stock had previously closed at GBX 0.03 ($0.00).
Alba Mineral Resources Price Performance
The business’s 50-day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.02. The company has a current ratio of 0.75, a quick ratio of 3.70 and a debt-to-equity ratio of 0.05.
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.
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