Jangada Mines (LON:JAN) Shares Down 8.8%

Shares of Jangada Mines Plc (LON:JANGet Free Report) traded down 8.8% on Tuesday . The stock traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02). 150,875 shares traded hands during trading, a decline of 46% from the average session volume of 278,217 shares. The stock had previously closed at GBX 1.43 ($0.02).

Jangada Mines Price Performance

The company has a 50 day moving average of GBX 1.41 and a two-hundred day moving average of GBX 1.69. The firm has a market cap of £3.36 million, a P/E ratio of 2.23 and a beta of 1.52. The company has a quick ratio of 19.49, a current ratio of 4.05 and a debt-to-equity ratio of 1.20.

Jangada Mines Company Profile

(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 Cear√°, Brazil. Jangada Mines Plc was incorporated in 2015 and is based in London, the United Kingdom.

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