Jubilee Gold Exploration (CVE:JUB) Stock Price Down 4.3% – Here’s Why

Jubilee Gold Exploration Ltd. (CVE:JUB)’s share price dropped 4.3% during mid-day trading on Tuesday . The company traded as low as C$0.45 and last traded at C$0.45. Approximately 1,000 shares traded hands during trading, a decline of 19% from the average daily volume of 1,233 shares. The stock had previously closed at C$0.47.

Jubilee Gold Exploration Price Performance

The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.37 and a current ratio of 36.37. The business’s 50 day simple moving average is C$0.45 and its 200-day simple moving average is C$0.46. The stock has a market capitalization of C$3.50 million, a price-to-earnings ratio of 2.81 and a beta of 0.57.

About Jubilee Gold Exploration

Jubilee Gold Exploration Ltd. engages in the exploration of mineral resource properties. It holds net smelter royalties from various properties located in Ontario and Quebec, Canada. Jubilee Gold Exploration Ltd. was incorporated in 2013 and is based in Toronto, Canada. Jubilee Gold Exploration Ltd. operates as a subsidiary of Direct Business Services Ltd.