Jubilee Metals Group Shares Cross Below 200 Day Moving Average Of $10.64

Jubilee Metals Group PLC (LON:JLP – Get Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 10.64 ($0.13) and traded as low as GBX 7.95 ($0.10). Jubilee Metals Group shares last traded at GBX 8.20 ($0.10), with a volume of 2,276,563 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a “buy” rating and set a GBX 20 ($0.25) target price on shares of Jubilee Metals Group in a research report on Monday, March 20th.
The stock has a market cap of £222.36 million, a P/E ratio of 820.00 and a beta of 1.52. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 7.82. The company has a 50-day moving average price of GBX 9.16 and a two-hundred day moving average price of GBX 10.64.
Insider Buying and Selling at Jubilee Metals Group
In other Jubilee Metals Group news, insider Ollie Oliveira acquired 326,000 shares of the business’s stock in a transaction on Thursday, February 16th. The shares were bought at an average price of GBX 9 ($0.11) per share, with a total value of £29,340 ($36,334.37). 31.63% of the stock is currently owned by corporate insiders.
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.