Jangada Mines (LON:JAN) Shares Up 12.7%

Jangada Mines Plc (LON:JANGet Free Report)’s stock price was up 12.7% during trading on Monday . The company traded as high as GBX 1.50 ($0.02) and last traded at GBX 1.50 ($0.02). Approximately 173,477 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 278,933 shares. The stock had previously closed at GBX 1.33 ($0.02).

Jangada Mines Stock Performance

The company has a market capitalization of £3.87 million, a P/E ratio of 2.23 and a beta of 1.52. The company has a debt-to-equity ratio of 1.20, a current ratio of 4.05 and a quick ratio of 19.49. The stock’s 50 day simple moving average is GBX 1.41 and its two-hundred day simple moving average is GBX 1.69.

About Jangada Mines

(Get Free Report)

Jangada Mines Plc, through its subsidiaries, engages in the exploration and development of mining assets in Brazil. The company explores for vanadium, titanium, and iron deposits. It holds 100% interest in the Pitombeiras vanadium project located in the state of Ceará, Brazil. Jangada Mines Plc was incorporated in 2015 and is based in London, the United Kingdom.

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