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Jubilee Metals Group (LON:JLP) Share Price Crosses Below 200-Day Moving Average - What's Next?

Jubilee Metals Group logo with Basic Materials background

Shares of Jubilee Metals Group PLC (LON:JLP - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 6.42 ($0.08) and traded as low as GBX 4.53 ($0.06). Jubilee Metals Group shares last traded at GBX 4.56 ($0.06), with a volume of 12,638,883 shares.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on Jubilee Metals Group

Jubilee Metals Group Stock Performance

The company has a market cap of £136.65 million, a PE ratio of 580.00 and a beta of 1.47. The business's 50-day moving average is GBX 5.12 and its 200 day moving average is GBX 6.41. The company has a debt-to-equity ratio of 12.06, a quick ratio of 1.15 and a current ratio of 1.13.

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.

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