Dowgate Capital Cuts Alba Mineral Resources plc (ALBA) Price Target to GBX 7
Alba Mineral Resources plc (LON:ALBA) had its price target lowered by analysts at Dowgate Capital from GBX 14.70 ($0.19) to GBX 7 ($0.09) in a note issued to investors on Thursday. The firm presently has a “buy” rating on the stock.
Shares of Alba Mineral Resources plc (ALBA) remained flat at GBX 0.23 on Thursday. 300,000 shares of the company traded hands. The firm has a 50 day moving average of GBX 0.25 and a 200-day moving average of GBX 0.31. Alba Mineral Resources plc has a 12-month low of GBX 0.15 and a 12-month high of GBX 0.45. The stock’s market capitalization is GBX 4.18 million.
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About Alba Mineral Resources plc
Alba Mineral Resources plc (Alba) is a holding company. The Company’s principal activity is exploration for natural resources. It operates through the exploration segment. Alba is an explorer with a focus on oil and gas, graphite, uranium and base metals. The Company holds interests in the United Kingdom oil and gas exploration sector, hard rock exploration assets in Greenland (Graphite), Ireland (Base Metals) and Mauritania (Uranium).
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