Jubilee Metals Group (LON:JLP) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Jubilee Metals Group PLC (LON:JLP)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3.28 ($0.04) and traded as low as GBX 2.80 ($0.04). Jubilee Metals Group shares last traded at GBX 2.85 ($0.04), with a volume of 183,779,656 shares traded.

Jubilee Metals Group Stock Performance

The firm has a market capitalization of £89.67 million, a P/E ratio of 5,700.00 and a beta of 1.47. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.28. The company has a 50-day moving average of GBX 3.06 and a 200-day moving average of GBX 3.28.

Insider Transactions at Jubilee Metals Group

In related news, insider Jonathan Charles Rowell Morley-Kirk bought 1,000,000 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was acquired at an average cost of GBX 3 per share, with a total value of £30,000. 0.45% of the stock is currently owned by corporate insiders.

About Jubilee Metals Group

Jubilee Metals Group Plc (JLP) is an international and diversified metals producer listed on AIM and Alt-X. The company is focused on the treatment of both surface tailings materials and primary mineral ore generated from 3rd party mining operations. Led by an experienced team with the ability to design, build and execute environmentally conscious metals recovery solutions, Jubilee has a well-developed strategy to widen geographic and metals exposure driven by rising environmental obligations.

Jubilee Metals has an established multi project portfolio providing exposure to a broad commodity basket including Platinum Group Metals (‘PGMs’), chrome, copper, lead, zinc, vanadium and cobalt.