Jubilee Metals Group (LON:JLP) Share Price Passes Below 200 Day Moving Average of $6.58

Shares of Jubilee Metals Group PLC (LON:JLP) crossed 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 traded.

Analyst Upgrades and Downgrades

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

Jubilee Metals Group Stock Performance

The stock has a market capitalization of £151.10 million, a price-to-earnings ratio of 580.00 and a beta of 1.52. The company has a debt-to-equity ratio of 10.94, a current ratio of 1.12 and a quick ratio of 1.15. The stock has a 50-day moving average of GBX 6.10 and a 200 day moving average of GBX 6.58.

Insider Activity

In other Jubilee Metals Group news, insider Leon Coetzer purchased 625,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 24th. The stock was acquired at an average cost of GBX 6 ($0.08) per share, with a total value of £37,500 ($49,038.84). Insiders own 29.99% of the company’s stock.

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.