Jubilee Metals Group (LON:JLP) Shares Pass Below 50-Day Moving Average of $4.15

Jubilee Metals Group PLC (LON:JLP)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $4.15 and traded as low as $3.70. Jubilee Metals Group shares last traded at $4.00, with a volume of 2,949,277 shares trading hands.

The stock’s 50-day moving average price is GBX 4.15 and its two-hundred day moving average price is GBX 3.41. The company has a current ratio of 4.27, a quick ratio of 4.01 and a debt-to-equity ratio of 16.10. The stock has a market capitalization of $80.70 million and a P/E ratio of 8.00.

About Jubilee Metals Group (LON:JLP)

Jubilee Metals Group Plc engages in the exploration, evaluation, and mining of mineral properties in South Africa, Australia, Madagascar, Mauritius, Zambia, and the United Kingdom. It explores for platinum group elements, platinum, palladium, rhodium, ruthenium, iridium, gold, chrome, nickel, lead, zinc, vanadium, and copper ores.