Jubilee Metals Group (LON:JLP) Stock Price Passes Above 50-Day Moving Average Of $11.24

Jubilee Metals Group PLC (LON:JLP – Get Rating)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 11.24 ($0.14) and traded as high as GBX 12.50 ($0.15). Jubilee Metals Group shares last traded at GBX 12.14 ($0.15), with a volume of 2,795,226 shares traded.

Analyst Upgrades and Downgrades

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

The firm has a market cap of £326.55 million and a P/E ratio of 1,214.00. The company has a debt-to-equity ratio of 4.26, a current ratio of 1.78 and a quick ratio of 1.15. The stock has a 50 day moving average of GBX 11.24 and a 200 day moving average of GBX 12.17.

Jubilee Metals Group Company Profile

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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