Jubilee Metals Group (LON:JLP) Reaches New 52-Week Low – Time to Sell?

Jubilee Metals Group PLC (LON:JLP) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 2.30 and last traded at GBX 2.50, with a volume of 4379959 shares trading hands. The stock had previously closed at GBX 2.43.

Jubilee Metals Group Stock Up 2.9%

The company has a market capitalization of £80.58 million, a PE ratio of -1.77 and a beta of 1.11. The stock’s 50 day moving average is GBX 2.81 and its 200 day moving average is GBX 3.43. The company has a debt-to-equity ratio of 10.41, a quick ratio of 1.15 and a current ratio of 0.92.

About Jubilee Metals Group

Jubilee Metals Group Plc (JLP) is an international and diversified metals producer listed on AIM and Alt-X. The company is focused on the treatment of both surface tailings materials and primary mineral ore generated from 3rd party mining operations. Led by an experienced team with the ability to design, build and execute environmentally conscious metals recovery solutions, Jubilee has a well-developed strategy to widen geographic and metals exposure driven by rising environmental obligations.

Jubilee Metals has an established multi project portfolio providing exposure to a broad commodity basket including Platinum Group Metals (‘PGMs’), chrome, copper, lead, zinc, vanadium and cobalt.