Alba Mineral Resources (LON:ALBA) Shares Up 10.3% – Here’s What Happened

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

Alba Mineral Resources Stock Performance

The firm’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.

Alba Mineral Resources Company Profile

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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.

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