Jangada Mines (LON:JAN) Sets New 1-Year Low at $2.50

Jangada Mines Plc (LON:JAN – Get Free Report) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.70 ($0.04), with a volume of 188231 shares. The stock had previously closed at GBX 2.65 ($0.03).

Jangada Mines Stock Performance

The business has a fifty day simple moving average of GBX 3.08 and a 200-day simple moving average of GBX 3.42. The company has a quick ratio of 19.49, a current ratio of 12.68 and a debt-to-equity ratio of 1.20. The firm has a market cap of £6.85 million, a P/E ratio of 2.23 and a beta of 1.98.

About Jangada Mines

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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