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Alba Mineral Resources
(LSE:ALBA)
Alba Mineral Resources (ALBA) vs. iShares MSCI United Kingdom ETF (EWC)
Alba Mineral Resources Business Overview & Revenue Model
Alba Mineral Resources Financial Statement Overview
| Breakdown | TTM | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -12.00K | -14.00K | -12.00K | -7.00K | -5.00K | 0.00 |
| EBITDA | -3.41M | -3.27M | 477.00K | -2.60M | -1.83M | -1.97M |
| Net Income | -3.65M | -3.52M | -116.00K | -3.02M | -2.46M | -3.61M |
Balance Sheet | ||||||
| Total Assets | 7.25M | 7.76M | 9.92M | 11.79M | 13.76M | 10.35M |
| Cash, Cash Equivalents and Short-Term Investments | 21.00K | 126.00K | 97.00K | 456.00K | 3.95M | 1.51M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 7.00K | 7.00K |
| Total Liabilities | 403.00K | 230.00K | 220.00K | 464.00K | 892.00K | 298.18K |
| Stockholders Equity | 6.84M | 7.53M | 9.70M | 9.09M | 10.13M | 10.06M |
Cash Flow | ||||||
| Free Cash Flow | -233.00K | -1.10M | -1.19M | -3.98M | -3.06M | -1.07M |
| Operating Cash Flow | -223.00K | -442.00K | -649.00K | -1.55M | -486.00K | -564.11K |
| Investing Cash Flow | -668.00K | -628.00K | -751.00K | -2.44M | -2.58M | -508.81K |
| Financing Cash Flow | 815.00K | 1.10M | 1.04M | 492.00K | 5.50M | 2.37M |
Alba Mineral Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | £7.79M | -3.57 | -67.90% | ― | ― | ― | |
49 Neutral | £4.85M | -1.34 | -16.00% | ― | ― | ― | |
48 Neutral | £4.77M | -1.28 | -44.38% | ― | 1.77% | 33.33% | |
43 Neutral | £3.69M | -0.78 | -44.29% | ― | ― | ― | |
42 Neutral | £3.40M | -1.08 | -4.75% | ― | ― | 36.36% | |
| ― | £2.51M | -0.32 | ― | ― | ― | 17.65% |
Alba Mineral Resources Corporate Events
Alba Mineral Resources has reported steady operational progress at its Clogau-St David’s Gold Mine in Wales, where recent roof support works on Level 5 have enabled further blasting and ore recovery. The latest blast extended the new development to 9.8 metres, with 54 bulk bags of ore brought to surface as the company works toward a 20-metre development target and seeks to improve throughput at its on-site processing plant.
At the Motzfeldt Critical Metals Project in Greenland, Alba has completed initial mineralogical test work confirming that the host minerals for rare earths and other critical metals have established extraction routes globally, and has started the next phase focused on separation techniques. Senior management used the PDAC conference to build relationships with Greenland authorities and contractors and, supported by a recent capital raise, the company expects to strengthen its position by moving to majority ownership of Motzfeldt and advancing its 2026 work programme.
The most recent analyst rating on (GB:ALBA) stock is a Hold with a £0.01 price target. To see the full list of analyst forecasts on Alba Mineral Resources stock, see the GB:ALBA Stock Forecast page.
Alba Mineral Resources has rejected public claims that its earn-in rights over the Finnsbo rare earths, copper and gold project in Sweden have been terminated, insisting the underlying agreement remains in full force. The company says it has met the first-year expenditure requirement, securing a 25% stake in the project and preserving its option to lift its interest to 51% in a second earn-in period.
Alba plans to pursue legal action to protect its contractual rights and to challenge what it describes as unfounded public statements about the dispute. As part of the agreed work programme, the company drilled three holes at Finnsbo in late 2025 and is now arranging for the drill core to be assayed, a step that could influence the future value and strategic importance of the project within its critical minerals portfolio.
The most recent analyst rating on (GB:ALBA) stock is a Hold with a £0.01 price target. To see the full list of analyst forecasts on Alba Mineral Resources stock, see the GB:ALBA Stock Forecast page.
Alba Mineral Resources has raised £800,000 through a discounted placing of 4 billion new shares at 0.02 pence each, with admission to AIM expected around 6 March 2026. Following admission, the company’s share capital will rise to 23,835,050,231 ordinary shares in issue, all carrying voting rights.
The funds will support value-focused work across its key assets, including bulk sampling and plant upgrades at the Clogau gold mine, resource and metallurgical studies plus summer fieldwork at the Motzfeldt critical metals project, and completion of assays at the Finnsbo gold-copper-rare earth project, as well as general working capital. The placing underlines Alba’s continued push to advance multiple early-stage projects in gold and critical raw materials, with potential implications for future production capacity and project de-risking.
The most recent analyst rating on (GB:ALBA) stock is a Hold with a £0.01 price target. To see the full list of analyst forecasts on Alba Mineral Resources stock, see the GB:ALBA Stock Forecast page.
Alba Mineral Resources has completed the first phase of mineralogical and scoping test work at the Aries deposit within the Motzfeldt Critical Metals Project in south Greenland. The study confirms that rare earths, niobium, tantalum and zirconium at Aries are hosted in minerals such as pyrochlore, columbite, bastnäsite, parisite, monazite, xenotime and zircon, all of which have established global extraction routes.
Because the critical metals are contained in minerals with known processing pathways, Motzfeldt gains a strategic advantage, potentially shortening the route from discovery to production. The next stages of test work will focus on gravity and magnetic separation methods to concentrate these minerals, a key step in determining processing flowsheets and advancing the project’s connection to global critical mineral supply chains.
The most recent analyst rating on (GB:ALBA) stock is a Hold with a £0.01 price target. To see the full list of analyst forecasts on Alba Mineral Resources stock, see the GB:ALBA Stock Forecast page.
Alba Mineral Resources has advanced underground development at its priority Llechfraith target within the Clogau-St David’s Gold Mine in Wales, completing six blasts and driving 8.1 metres while generating around 90 tonnes of material for processing. Operations are briefly paused for roof support before mucking out resumes, and early pilot-plant work has produced several kilograms of final concentrate from initial samples, though the company has not yet disclosed any gold grades.
Processing capacity at the constrained onsite pilot plant is lagging behind the pace of underground extraction, prompting Alba to work on increasing water supply and throughput to accelerate bulk sample treatment. Management describes the programme as the most significant development at Clogau in decades and remains on track for roughly 20 metres of development by Easter, a milestone that could be pivotal for proving up the mine’s potential and underpinning Alba’s position in the Welsh gold sector.
The most recent analyst rating on (GB:ALBA) stock is a Hold with a £0.01 price target. To see the full list of analyst forecasts on Alba Mineral Resources stock, see the GB:ALBA Stock Forecast page.
Alba Mineral Resources said all resolutions put to shareholders at its latest general meeting were approved, with support levels of around 86% for each motion and relatively modest opposition. The votes clear the way for the company to proceed with its planned corporate and capital measures, reinforcing management’s mandate as it advances its gold, strategic minerals and oil portfolio across the UK and Europe, a key step in maintaining funding and strategic flexibility for ongoing exploration and development activities.
The most recent analyst rating on (GB:ALBA) stock is a Hold with a £0.01 price target. To see the full list of analyst forecasts on Alba Mineral Resources stock, see the GB:ALBA Stock Forecast page.
Alba Mineral Resources has joined the UK’s Critical Minerals Association, a move aimed at strengthening its role within the country’s critical minerals ecosystem and enhancing its links with policymakers, skills bodies and investors. The membership gives Alba a direct channel into industry–government discussions on critical mineral supply chains and supports its positioning as a responsible developer of strategically important projects such as the Amitsoq Graphite Deposit and Motzfeldt Critical Metals Project in Greenland, with the Association highlighting Alba’s alignment with UK ambitions for resilient and responsible critical mineral sourcing.
The most recent analyst rating on (GB:ALBA) stock is a Hold with a £0.01 price target. To see the full list of analyst forecasts on Alba Mineral Resources stock, see the GB:ALBA Stock Forecast page.
Alba Mineral Resources has issued a circular convening a 6 February 2026 general meeting to seek shareholder approval for the second phase of its acquisition of the Motzfeldt Critical Metals Project in South Greenland, which would lift its interest from 25.5% to a controlling 51% stake. The Second Acquisition, to be settled entirely in shares and subject to both shareholder consent under UK company law and approval from the Greenland Government, restructures consideration and funding commitments to spread costs more evenly across two stages, reduce Alba’s immediate cash and share outlay, and formalise a 51:49 joint venture with current owner ERM in which Alba will act as operator. Because the seller of the additional 25.5% stake is an entity connected to Alba chairman George Frangeskides, the deal qualifies as a substantial property transaction requiring specific member approval, and also includes repayment of historic loans and fees to him and related parties. If approved, the transaction would give Alba majority control of a large, drill-confirmed, multi-commodity critical metals asset, strengthening its strategic exposure to decarbonisation-linked materials and reinforcing its positioning as a specialist in advanced-stage critical raw materials projects in Greenland and wider Northern Europe.
The most recent analyst rating on (GB:ALBA) stock is a Hold with a £0.01 price target. To see the full list of analyst forecasts on Alba Mineral Resources stock, see the GB:ALBA Stock Forecast page.
Alba Mineral Resources has resumed drilling and blasting operations at its priority Llechfraith target within the Clogau St David’s Gold Mine in Wales, following the completion of a recent phase of underground works. The first blast has been successfully completed, with around 15 tonnes of material now being removed from underground, and further drilling and blasting is scheduled to restart in the first full week of January 2026, while pilot processing and mine maintenance continue in the interim. Executive chairman George Frangeskides said the restart reflects the dedication of the on-site team and marks a meaningful step in advancing the Llechfraith gold target, underscoring Clogau’s central role in Alba’s gold-focused growth strategy.