Jubilee Metals Group (LON:JLP) Shares Up 11.1% – Here’s What Happened

Jubilee Metals Group PLC (LON:JLP) traded up 11.1% during mid-day trading on Friday . The company traded as high as GBX 2.50 and last traded at GBX 2.50. 7,747,990 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 9,201,288 shares. The stock had previously closed at GBX 2.25.

Jubilee Metals Group Stock Performance

The company has a market cap of £80.77 million, a price-to-earnings ratio of -1.77 and a beta of 1.13. The firm has a 50-day simple moving average of GBX 2.72 and a 200 day simple moving average of GBX 3.40. The company has a quick ratio of 1.15, a current ratio of 0.92 and a debt-to-equity ratio of 10.41.

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.