Jubilee Metals Group (LON:JLP) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Jubilee Metals Group PLC (LON:JLP)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3.47 and traded as low as GBX 2.80. Jubilee Metals Group shares last traded at GBX 2.90, with a volume of 5,790,167 shares changing hands.

Jubilee Metals Group Stock Down 3.0%

The firm has a market cap of £87.51 million, a price-to-earnings ratio of -1.93 and a beta of 1.11. The company has a current ratio of 0.92, a quick ratio of 1.15 and a debt-to-equity ratio of 10.41. The stock has a 50-day moving average of GBX 3.02 and a 200-day moving average of GBX 3.47.

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.