Jubilee Metals Group (LON:JLP) Stock Crosses Below 200 Day Moving Average of $12.32

Jubilee Metals Group PLC (LON:JLP – Get Rating)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 12.32 ($0.15) and traded as low as GBX 11.84 ($0.14). Jubilee Metals Group shares last traded at GBX 12.50 ($0.15), with a volume of 1,394,978 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 19 ($0.23) target price on shares of Jubilee Metals Group in a report on Friday, December 16th.

Jubilee Metals Group Stock Up 5.5 %

The stock has a market cap of £336.23 million and a price-to-earnings ratio of 1,250.00. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 4.26. The stock has a 50 day simple moving average of GBX 11.02 and a 200 day simple moving average of GBX 12.32.

About Jubilee Metals Group

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Jubilee Metals Group plc operates as a diversified metals recovery company. It operates through PGM and Chrome, Copper and Cobalt, and Other segments. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, and osmium; and chrome, lead, zinc, vanadium, copper, and cobalt ores.