Jangada Mines (LON:JAN) Trading Up 5.2%

Jangada Mines Plc (LON:JAN – Get Rating)’s stock price traded up 5.2% during trading on Friday . The company traded as high as GBX 4.12 ($0.05) and last traded at GBX 4.05 ($0.05). 1,372,613 shares traded hands during trading, an increase of 77% from the average session volume of 774,525 shares. The stock had previously closed at GBX 3.85 ($0.05).

Jangada Mines Stock Up 5.2 %

The company has a market cap of £10.47 million and a P/E ratio of 2.23. The company’s 50-day moving average is GBX 4 and its two-hundred day moving average is GBX 5.91. The company has a debt-to-equity ratio of 1.20, a current ratio of 68.46 and a quick ratio of 68.46.

About Jangada Mines

Jangada Mines Plc, through its subsidiaries, engages in the exploration and development of mining assets in Brazil. The company explores for vanadium, titanium, and iron deposits. It holds 100% interest in the Pitombeiras vanadium project located in the state of Ceará, Brazil. The company was incorporated in 2015 and is based in London, the United Kingdom.

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