Jubilee Metals Group (LON:JLP) Shares Cross Below 200 Day Moving Average – What’s Next?

Jubilee Metals Group PLC (LON:JLP)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3.22 and traded as low as GBX 2.83. Jubilee Metals Group shares last traded at GBX 2.95, with a volume of 6,106,555 shares changing hands.

Jubilee Metals Group Stock Performance

The company’s 50-day moving average price is GBX 2.96 and its two-hundred day moving average price is GBX 3.22. The company has a market cap of £92.82 million, a P/E ratio of 59.00 and a beta of 1.47. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.28.

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.