Jubilee Metals Group Share Price Crosses Below 200-Day Moving Average Of $12.54

Jubilee Metals Group PLC (LON:JLP – Get Rating) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 12.54 ($0.15) and traded as low as GBX 10.09 ($0.12). Jubilee Metals Group shares last traded at GBX 10.60 ($0.13), with a volume of 3,700,874 shares.
Wall Street Analyst Weigh In
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.
Jubilee Metals Group Stock Performance
The stock has a market capitalization of £283.24 million and a PE ratio of 1,060.00. The business has a 50 day moving average price of GBX 11.09 and a 200 day moving average price of GBX 12.54. The company has a debt-to-equity ratio of 4.26, a current ratio of 1.78 and a quick ratio of 1.15.
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.