Jubilee Metals Group (LON:JLP) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Jubilee Metals Group PLC (LON:JLP) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.31 ($0.04) and traded as low as GBX 2.80 ($0.04). Jubilee Metals Group shares last traded at GBX 2.84 ($0.04), with a volume of 11,257,111 shares trading hands.

Jubilee Metals Group Price Performance

The company has a market capitalization of £93.44 million, a PE ratio of 5,940.00 and a beta of 1.47. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13. The stock has a 50 day moving average price of GBX 3.06 and a two-hundred day moving average price of GBX 3.31.

Insiders Place Their Bets

In other Jubilee Metals Group news, insider Jonathan Charles Rowell Morley-Kirk bought 1,000,000 shares of Jubilee Metals Group stock in a transaction on Friday, September 5th. The stock was purchased at an average cost of GBX 3 per share, for a total transaction of £30,000. Insiders own 0.45% of the company’s stock.

Jubilee Metals Group Company Profile

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.