Jubilee Metals Group PLC (LON:JLP – Get Free Report) 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.
Check Out Our Latest Analysis on Jubilee Metals Group
Jubilee Metals Group Stock Up 1.0 %
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.
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