Jubilee Metals Group Stock Price Crosses Below 200-Day Moving Average Of $14.90

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 14.90 ($0.18) and traded as low as GBX 12.60 ($0.15). Jubilee Metals Group shares last traded at GBX 12.60 ($0.15), with a volume of 3,682,617 shares trading hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a “buy” rating and set a GBX 20 ($0.24) price target on shares of Jubilee Metals Group in a research note on Wednesday, August 10th.
The company has a debt-to-equity ratio of 7.00, a current ratio of 2.00 and a quick ratio of 1.62. The stock has a market cap of £334.97 million and a price-to-earnings ratio of 1,260.00. The stock has a fifty day moving average of GBX 14.03 and a 200 day moving average of GBX 14.90.
Insider Buying and Selling at Jubilee Metals Group
In other Jubilee Metals Group news, insider Mathews Phosa sold 1,500,000 shares of the business’s stock in a transaction that occurred on Thursday, June 9th. The stock was sold at an average price of GBX 15 ($0.18), for a total value of £225,000 ($271,870.47).
About Jubilee Metals Group
Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through four segments: Metals Processing, Business Development, Exploration, and Corporate. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, osmium, and gold; and chrome, lead, zinc, vanadium, copper, and cobalt ores.