Jubilee Metals Group Stock Price Crosses Below 200 Day Moving Average Of $14.61

Jubilee Metals Group PLC (LON:JLP – Get Rating)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 14.61 ($0.18) and traded as low as GBX 13.10 ($0.16). Jubilee Metals Group shares last traded at GBX 13.10 ($0.16), with a volume of 2,039,880 shares traded.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a “buy” rating and set a GBX 20 ($0.24) price target on shares of Jubilee Metals Group in a research report on Monday, September 5th.
The company has a current ratio of 2.00, a quick ratio of 1.62 and a debt-to-equity ratio of 7.00. The company has a market capitalization of £352.66 million and a PE ratio of 1,310.00. The business’s fifty day moving average is GBX 13.71 and its two-hundred day moving average is GBX 14.61.
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.