Jubilee Metals Group (LON:JLP) Stock Price Up 17% - Should You Buy?

Shares of Jubilee Metals Group PLC (LON:JLP - Get Free Report) shot up 17% during trading on Monday . The stock traded as high as GBX 4 ($0.05) and last traded at GBX 3.86 ($0.05). 9,028,006 shares traded hands during trading, an increase of 71% from the average session volume of 5,286,863 shares. The stock had previously closed at GBX 3.30 ($0.04).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 10 ($0.12) price objective on shares of Jubilee Metals Group in a research report on Thursday, September 19th.

Jubilee Metals Group Stock Performance

The company has a debt-to-equity ratio of 12.06, a current ratio of 1.13 and a quick ratio of 1.15. The company's fifty day simple moving average is GBX 4.39 and its two-hundred day simple moving average is GBX 5.19. The stock has a market cap of £112.88 million, a price-to-earnings ratio of 580.00 and a beta of 1.47.

Jubilee Metals Group Company Profile

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.