Jubilee Metals Group Stock Crosses Below 200-Day Moving Average of $9.66

Jubilee Metals Group PLC (LON:JLP – Get Rating)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9.66 ($0.12) and traded as low as GBX 7.20 ($0.09). Jubilee Metals Group shares last traded at GBX 7.80 ($0.10), with a volume of 2,792,673 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a “buy” rating and set a GBX 20 ($0.25) price target on shares of Jubilee Metals Group in a report on Monday, March 20th.
The firm has a market cap of £194.54 million, a PE ratio of 780.00 and a beta of 1.50. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 7.82. The business has a 50 day simple moving average of GBX 8.13 and a two-hundred day simple moving average of GBX 9.66.
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.