Jubilee Metals Group (LON:JLP) Share Price Passes Below Two Hundred Day Moving Average of $6.58

Jubilee Metals Group PLC (LON:JLP) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 6.58 ($0.09) and traded as low as GBX 5 ($0.07). Jubilee Metals Group shares last traded at GBX 5.10 ($0.07), with a volume of 6,406,183 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 10 ($0.13) price target on shares of Jubilee Metals Group in a research report on Tuesday, September 3rd.

Jubilee Metals Group Stock Down 1.6 %

The stock has a market capitalization of £151.10 million, a P/E ratio of 580.00 and a beta of 1.52. The business has a 50-day simple moving average of GBX 6.10 and a two-hundred day simple moving average of GBX 6.58. The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 10.94.

Insider Transactions at Jubilee Metals Group

In other news, insider Leon Coetzer bought 625,000 shares of the business’s stock in a transaction dated Wednesday, July 24th. The stock was bought at an average price of GBX 6 ($0.08) per share, for a total transaction of £37,500 ($49,038.84). 29.99% of the stock is owned by insiders.

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.