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Alba Mineral Resources Stock

Has Alba Mineral Resources grasped your attention? You already know that it’s always a good idea to be crystal-clear before investing in shares. Read along to find all you need to know- from the Alba share price to sites that have Alba share price chat.

Alba Mineral Resources engages in exploring and developing natural resources through its subsidiaries.

Its primary fields of operation include the United Kingdom, Greenland, Ireland, and Australia. It fundamentally explores iron ore, gold, graphite, zinc, lead, and ilmenite deposits.

Let’s take a closer look at the company and details like the Alba share price.

About Alba Mineral Resources

The Alba Group dedicates its efforts towards discovering brand new or unexplored value from formerly mined projects. The company was incorporated in the year 2004. It operates out of its base in London, the United Kingdom.

As touched upon already, the group’s mineral excavation profile consists of gold, base metal, ilmenite, and iron ore projects. These persist in a cluster of countries in the northern parts of Europe.

The Clogau-St. David’s Gold Mine in Wales is a prime example of the Alba Group’s ventures. The mine is the largest source of most of the United Kingdom’s gold, though it has vast untapped potential.

With its technical team and multi-disciplinary approach coupled with state-of-the-art equipment and processes, Alba is harnessing this potential.

The company has full ownership of interests in the GwGwynfynydd Gold Mine, Thule Black Sands, Inglefield Land multi-element, and Limerick Base Metals projects. It also holds 90% interest in the Clogau Gold and Amitsoq Graphite Projects.

Additionally, it owns 51% interest in the Melville Bay Iron Ore Project. It holds an 11.765% direct interest in Horse Hill and a 5% interest in the onshore Brockham Oil Field.

You can find more details if you engage with an Alba share price chat or discussion.

Here’s some essential information about the Alba Group:

  • Address: 60 Gracechurch Street, 6th Floor, London EC3V 0HR, United Kingdom
  • Sector: Basic Materials
  • Industry: Other Industrial Metals and Mining

Company Profile

Now that you have gained insight into the company’s foundation, let’s look at some specifics.

6.81% of Alba’s shares are held by the company’s board of executives, directors, and senior officers. That is, insiders hold 6.81% of the shares.

0.07% of the company’s shares, as well as float, are held by institutions. The total number of institutions that hold shares in the company is 3.

Below, you will find a list of the major shareholders in the company and the percentage they hold. Live updates on the Alba share price are available on the official website and others as well.

  • Lance Adrian Wingate O’Neill – 0.100%
  • Nigel John Duxbury – 0.100%
  • Sandy M. Archibald – 0.057%
  • Wilson Robb – 0.057%
  • Vaughan Williams – 0.054%
  • Fraser Gardiner – 0.054%
  • Kerr Anderson – 0.054%
  • Thomas Philomena Ogorman – 0.039%
  • Anne Carroll – 0.039%
  • Special Applications Pvt. Ltd. – 0.030%

Management

It always helps to know the management and board members of a company you are looking to invest in.  

George Frangeskides is the Executive Chairman at Alba Mineral Resources. Currently, at the age of 50, he has been working in the company since 2014.

He has experience in mergers and acquisitions, leading all corporate negotiations for Alba Mineral Resources. He has several contacts in the mineral exploration and investment sectors all over the world. He provides the company with a wide exposure to potential investors and investments.

The Head of Finance and Administration is Sarah Potter. She is a qualified Chartered Accountant, reaching this status after finishing a master’s degree in Mechanical Engineering. She harbors experience of more than 15 years in the industry, but she joined Alba in 2017.

For more information, take a look at the table below.

Total Number of EmployeesTotal Number of Shareholders  List of Management Board Members  List of Supervisory Board Members  
  5  N/A  Sarah Potter Mark Austin Lars Brūnner Elizabeth Caroline Henson Ben Harber Feroz Sultan  George Frangeskides Michael Charles Nott Lars Brūnner Elizabeth Caroline Henson  

Key Financial Indicators

Net Income: $-2.87 million

EBITDA

For the fiscal year that ended in November 2020, the company’s EBITDA per share for the trailing twelve months or TTM was $-0.00. For the six months that ended in November 2020, the EBITDA was $-2.20 million.

The average EBITDA growth rate for Alba Mineral Resources has been -44.90% per year in the past three years. In the last five years, it has been -45.90% per year.

Overall, accounting for the last thirteen years, the company’s highest 3-year EBITDA average per share growth rate was 41.50% per year. Conversely, the lowest was -100.0% per year. Per-share, the median was 14.85% per year.

Similarly, the highest 3-year average EBITDA growth rate, in general, was 21.90% per year. The lowest went down to -45.50% per year. The median value for the growth rate was -16.40% per year.

Revenue

According to some sources, Alba Mineral Resources has a revenue of $1 million. However, as per the records of Reuters, it has generated total revenue of 0.00 in the last five fiscal years.

KPI

It is best to visit the official website of Alba Mineral Resources or gain insight from forums to understand its KPI.

Financial Analysis Summary

Alba Mineral Resources did not report any revenues for the fiscal year that ended in November 2020. The net loss shot up by 59% to reach $2.90. Currently, there are no revenue estimates for the company. Based on this, it is easy to determine that the company is a relatively new one, still developing its business.

Despite this, Alba Mineral Resources shareholders have done quite well over the past year. The Alba share price has soared by over 239%.

The company has a relatively small amount of debt. So, it is fitting to focus on the GBP 1.5 million the company held in November 2020. Its cash burn, or the amount of time it takes to consume cash reserves, was GBP 590K.

The information here indicates that from the November of 2020, the company has 2.6 years of cash runaway in its reserves. This is a safe and decent amount of time, as it gives enough cushioning room for the company to develop.

Key Debates Around Alba Shares – Alba Share Price Chat

If you delve into an Alba share price chat, you will find it rife with current debates around the company. Currently, a burning topic is whether a company like Alba Mineral Resources is in a position to invest in growth.

It is vital to study and analyse its cash burn or negative free cash flow to understand this. As you have read above, Alba is presently in a comfortable position concerning its cash burn.

Another key debate around Alba shares concerns the amount of ore and the corresponding amount of gold the company’s efforts acquire.

Key News About Alba

Here is some noteworthy news about Alba and Alba share price:

Where Can You Find Alba Share Price Details?

If you are looking for the most recent updates on Alba share price, below are some websites that can help. These offer live updates as well.

Sites Where You Can Find Alba Share Price Chat

Are you in search of a productive discussion about the Alba share price? Perhaps you need some insight from people with experience. Even if you’re looking for opinions, websites with alba share price chat can help.

Here are some of them:

  • London South East
  • ADVFN

Frequently Asked Questions

Read on for some common queries about Alba and Alba mineral share price.

What Is The Current Alba Share Price?

Currently, the Alba mineral share price is GBP 0.2485.

Can I Contact Alba Mineral Resources Via Telephone?

Yes, you can. The group’s telephone number is +44 20 7264 4366.

What Is The Stock Symbol Of Alba Mineral Resources?

The company’s stock symbol is ALBA.

To Sum Up

Alba Mineral Resources is a fairly new player in its field. The company is steadily growing its business and moving in a direction to escalate its revenue. While the current financial analysis may not seem too bright, the company is on a decent path towards positive growth.

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