Alba Mineral Resources (LON:ALBA) Stock Price Up 10.3% – Still a Buy?

Alba Mineral Resources plc (LON:ALBAGet Free Report) shares shot up 10.3% on Thursday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 4,569,429 shares traded hands during 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 Trading Up 10.3 %

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 stock’s fifty day simple moving average is GBX 0.04 and its 200-day simple moving average is GBX 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. 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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