Jubilee Metals Group (LON:JLP) Stock Price Passes Below Two Hundred Day Moving Average Of $13.72

Jubilee Metals Group PLC (LON:JLP – Get Rating) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 13.72 ($0.16) and traded as low as GBX 11.54 ($0.13). Jubilee Metals Group shares last traded at GBX 11.54 ($0.13), with a volume of 933,042 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 19 ($0.22) price objective on shares of Jubilee Metals Group in a research note on Tuesday, October 25th.

The company has a debt-to-equity ratio of 4.26, a quick ratio of 1.15 and a current ratio of 1.78. The firm’s 50 day moving average is GBX 12.27 and its 200-day moving average is GBX 13.72. The stock has a market capitalization of £307.53 million and a price-to-earnings ratio of 1,154.00.

Jubilee Metals Group Company Profile

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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