Jubilee Metals Group (LON:JLP) Share Price Crosses Below 200 Day Moving Average Of $15.41

Jubilee Metals Group PLC (LON:JLP – Get Rating)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 15.41 ($0.19) and traded as low as GBX 13.70 ($0.17). Jubilee Metals Group shares last traded at GBX 13.80 ($0.17), with a volume of 2,390,172 shares traded.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 22 ($0.27) price target on shares of Jubilee Metals Group in a report on Monday, May 30th.

The company has a debt-to-equity ratio of 7.00, a quick ratio of 1.62 and a current ratio of 2.00. The company has a market cap of £366.67 million and a price-to-earnings ratio of 1,380.00. The business has a fifty day moving average price of GBX 14.91 and a 200 day moving average price of GBX 15.41.

In other Jubilee Metals Group news, insider Mathews Phosa sold 1,500,000 shares of the company’s stock in a transaction dated Thursday, June 9th. The stock was sold at an average price of GBX 15 ($0.18), for a total value of £225,000 ($272,463.07).

Jubilee Metals Group Company Profile (LON:JLP)

Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through four segments: Metals Processing, Business Development, Exploration, and Corporate. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, osmium, and gold; and chrome, lead, zinc, vanadium, copper, and cobalt ores.

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