Alba Mineral Resources (LON:ALBA) Share Price Passes Below 200 Day Moving Average of $0.11

Alba Mineral Resources plc (LON:ALBA – Get Rating) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.11 ($0.00) and traded as low as GBX 0.10 ($0.00). Alba Mineral Resources shares last traded at GBX 0.11 ($0.00), with a volume of 11,579,584 shares changing hands.

Alba Mineral Resources Price Performance

The business’s fifty day moving average is GBX 0.11 and its 200-day moving average is GBX 0.11. The company has a current ratio of 3.70, a quick ratio of 3.70 and a debt-to-equity ratio of 0.05.

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 primarily in the United Kingdom, Ireland, and Greenland. It primarily explores for gold, graphite, ilmenite, base metal, iron ore, zinc, and lead deposits. The company owns 100% interests in the Clogau gold, and the Gwynfynydd Gold Mine projects located in Wales; 100% interests in the Limerick base metals located in Ireland; the Thule Black Sands, the Amitsoq graphite project, and the Melville Bay iron ore project located in Greenland; and holds a 11.675% direct interest in the Horse Hill project located in the Weald Basin in southern England.