Alba Mineral Resources (LON:ALBA) Shares Down 7% – Should You Sell?

Alba Mineral Resources plc (LON:ALBA) traded down 7% during mid-day trading on Friday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 9,536,893 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 22,686,563 shares. The stock had previously closed at GBX 0.04 ($0.00).

Alba Mineral Resources Price Performance

The company has a current ratio of 0.75, a quick ratio of 3.70 and a debt-to-equity ratio of 0.05. The firm has a fifty day moving average price of GBX 0.04 and a 200 day moving average price of GBX 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.