Jubilee Metals Group (LON:JLP) Stock Passes Below Two Hundred Day Moving Average Of $12.86

Jubilee Metals Group PLC (LON:JLP – Get Rating)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 12.86 ($0.16) and traded as low as GBX 10.03 ($0.12). Jubilee Metals Group shares last traded at GBX 10.10 ($0.12), with a volume of 1,580,448 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 19 ($0.23) target price on shares of Jubilee Metals Group in a report on Friday, December 16th.

The stock has a market cap of £271.68 million and a PE ratio of 1,010.00. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 4.26. The company’s 50 day moving average is GBX 11.37 and its 200-day moving average is GBX 12.86.

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.

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