Jubilee Metals Group (LON:JLP) Shares Cross Below 200-Day Moving Average Of $12.40

Jubilee Metals Group PLC (LON:JLP – Get Rating)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 12.40 ($0.15) and traded as low as GBX 10.50 ($0.13). Jubilee Metals Group shares last traded at GBX 10.70 ($0.13), with a volume of 2,497,244 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 19 ($0.23) price target on shares of Jubilee Metals Group in a research note on Friday, December 16th.
Jubilee Metals Group Stock Performance
The firm has a fifty day moving average of GBX 10.97 and a 200-day moving average of GBX 12.40. The stock has a market capitalization of £291.85 million and a price-to-earnings ratio of 1,070.00. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 4.26.
About Jubilee Metals Group
Jubilee Metals Group plc operates as a diversified metals recovery company. It operates through PGM and Chrome, Copper and Cobalt, and Other segments. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, and osmium; and chrome, lead, zinc, vanadium, copper, and cobalt ores.