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Jubilee Metals Group (LON:JLP) Stock Price Crosses Below Two Hundred Day Moving Average - Here's Why

Jubilee Metals Group logo with Basic Materials background

Shares of Jubilee Metals Group PLC (LON:JLP - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 6.11 ($0.08) and traded as low as GBX 5.20 ($0.07). Jubilee Metals Group shares last traded at GBX 5.30 ($0.07), with a volume of 3,736,095 shares trading hands.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on JLP

Jubilee Metals Group Trading Down 1.2 %

The firm has a market cap of £159.17 million, a price-to-earnings ratio of 580.00 and a beta of 1.47. The company has a fifty day moving average price of GBX 4.80 and a 200-day moving average price of GBX 6.11. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.06.

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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