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Jubilee Metals Group (LON:JLP) Trading Down 18.8% - Time to Sell?

Jubilee Metals Group logo with Basic Materials background

Shares of Jubilee Metals Group PLC (LON:JLP - Get Free Report) traded down 18.8% during mid-day trading 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 were traded during 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).

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Analysis on JLP

Jubilee Metals Group Stock Down 16.9 %

The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.06. The company has a market capitalization of £120.10 million, a P/E ratio of 580.00 and a beta of 1.47. The firm's 50 day moving average price is GBX 4.74 and its two-hundred day moving average price is GBX 5.74.

About Jubilee Metals Group

(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.

Further Reading

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