Jubilee Metals Group (LON:JLP) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Jubilee Metals Group PLC (LON:JLP) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 3.28 ($0.04) and traded as high as GBX 3.40 ($0.05). Jubilee Metals Group shares last traded at GBX 3.30 ($0.04), with a volume of 9,706,228 shares traded.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 7 ($0.09) target price on shares of Jubilee Metals Group in a research note on Tuesday, April 1st. Royal Bank of Canada lowered their target price on Jubilee Metals Group from GBX 830 ($11.04) to GBX 770 ($10.24) and set an “outperform” rating on the stock in a report on Tuesday, January 28th.

Jubilee Metals Group Trading Up 3.8 %

The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 12.28. The firm has a market capitalization of £99.46 million, a PE ratio of 15.83 and a beta of 1.47. The stock’s fifty day simple moving average is GBX 3.28 and its 200 day simple moving average is GBX 3.92.

About Jubilee Metals Group

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.