Jubilee Metals Group Share Price Passes Below 200-Day Moving Average Of $11.57

Jubilee Metals Group PLC (LON:JLP – Get Rating) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 11.57 ($0.14) and traded as low as GBX 9 ($0.11). Jubilee Metals Group shares last traded at GBX 9.10 ($0.11), with a volume of 6,439,542 shares.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank restated a “buy” rating and set a GBX 19 ($0.23) target price on shares of Jubilee Metals Group in a research report on Friday, December 16th.
The company has a debt-to-equity ratio of 4.26, a current ratio of 1.77 and a quick ratio of 1.15. The firm has a market capitalization of £245.70 million, a PE ratio of 910.00 and a beta of 1.50. The business’s 50-day moving average price is GBX 10.97 and its 200-day moving average price is GBX 11.57.
Insider Buying and Selling
In related news, insider Ollie Oliveira purchased 326,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 16th. The stock was purchased at an average cost of GBX 9 ($0.11) per share, with a total value of £29,340 ($35,281.39). Corporate insiders own 31.63% of the company’s stock.
Jubilee Metals Group Company Profile
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.