Jubilee Metals Group (LON:JLP) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Posted by Stacy Sanders on Nov 9th, 2024

Jubilee Metals Group PLC (LON:JLP – Get Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 6.21 ($0.08) and traded as low as GBX 4.49 ($0.06). Jubilee Metals Group shares last traded at GBX 4.75 ($0.06), with a volume of 76,289,072 shares.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 10 ($0.13) price target on shares of Jubilee Metals Group in a report on Thursday, September 19th.

View Our Latest Research Report on JLP

Jubilee Metals Group Stock Up 14.1 %

The firm has a market cap of £163.14 million, a price-to-earnings ratio of 580.00 and a beta of 1.47. The company has a debt-to-equity ratio of 12.06, a quick ratio of 1.15 and a current ratio of 1.13. The business’s 50 day moving average price is GBX 4.81 and its 200 day moving average price is GBX 6.19.

Jubilee Metals Group Company Profile

(Get Free Report)

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.