Jubilee Metals Group (LON:JLP) Stock Jumps 14.1% – Here’s What Happened

Shares of Jubilee Metals Group PLC (LON:JLP) traded up 14.1% during trading on Thursday. The company traded as high as GBX 2.23 and last traded at GBX 2.23. 43,987,191 shares changed hands during trading, an increase of 359% from the average daily volume of 9,584,887 shares. The stock had previously closed at GBX 1.95.

Jubilee Metals Group Stock Up 3.4%

The firm has a market capitalization of £77.77 million, a PE ratio of -1.63 and a beta of 1.14. The company has a current ratio of 0.92, a quick ratio of 1.15 and a debt-to-equity ratio of 10.41. The firm has a 50-day moving average of GBX 2.37 and a two-hundred day moving average of GBX 2.66.

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.