Jubilee Metals Group (LON:JLP) Stock Price Down 18.8% – Time to Sell?

Jubilee Metals Group PLC (LON:JLP)’s share price traded down 18.8% on Monday . The company traded as low as GBX 3.69 ($0.05) and last traded at GBX 3.90 ($0.05). 7,071,032 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 5,330,418 shares. The stock had previously closed at GBX 4.80 ($0.06).

Analyst Upgrades and Downgrades

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

Jubilee Metals Group Price Performance

The stock has a market cap of £113.84 million, a price-to-earnings ratio of 580.00 and a beta of 1.47. The company’s 50 day moving average is GBX 4.75 and its 200 day moving average is GBX 5.76. The company has a debt-to-equity ratio of 12.06, a current ratio of 1.13 and a quick ratio of 1.15.

About Jubilee Metals Group

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.