Jubilee Metals Group (LON:JLP) Stock Passes Below 200 Day Moving Average of $6.52

Jubilee Metals Group PLC (LON:JLP) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 6.52 ($0.08) and traded as low as GBX 5.90 ($0.08). Jubilee Metals Group shares last traded at GBX 6 ($0.08), with a volume of 4,192,549 shares changing hands.

Analyst Ratings Changes

A number of equities analysts recently weighed in on JLP shares. Canaccord Genuity Group reissued a “buy” rating and set a GBX 10 ($0.13) price objective on shares of Jubilee Metals Group in a report on Monday, June 24th. Berenberg Bank reissued a “buy” rating and set a GBX 9 ($0.12) price objective on shares of Jubilee Metals Group in a report on Thursday, April 18th.

Jubilee Metals Group Stock Up 1.0 %

The company has a current ratio of 1.12, a quick ratio of 1.15 and a debt-to-equity ratio of 10.94. The stock has a 50 day simple moving average of GBX 6.85 and a 200 day simple moving average of GBX 6.52. The firm has a market capitalization of £182.41 million, a PE ratio of 580.00 and a beta of 1.52.

Insiders Place Their Bets

In related news, insider Leon Coetzer purchased 625,000 shares of the firm’s stock in a transaction on Wednesday, July 24th. The shares were acquired at an average cost of GBX 6 ($0.08) per share, with a total value of £37,500 ($47,923.32). Insiders own 29.99% of the company’s stock.

Jubilee Metals Group Company Profile

Jubilee Metals Group plc operates as a diversified metals processing and 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.