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Jubilee Metals Group (LON:JLP) Shares Pass Below 200-Day Moving Average - Should You Sell?

Jubilee Metals Group logo with Basic Materials background

Jubilee Metals Group PLC (LON:JLP - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

Analyst Ratings Changes

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

Read Our Latest Stock Report on JLP

Jubilee Metals Group Trading Up 14.1 %

The company has a market capitalization of £163.14 million, a price-to-earnings ratio of 580.00 and a beta of 1.47. The business's 50 day moving average price is GBX 4.81 and its two-hundred day moving average price is GBX 6.20. The company has a debt-to-equity ratio of 12.06, a quick ratio of 1.15 and a current ratio of 1.13.

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.

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