Jubilee Metals Group (LON:JLP) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Jubilee Metals Group PLC (LON:JLP) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.27 and traded as low as GBX 3.03. Jubilee Metals Group shares last traded at GBX 3.08, with a volume of 1,608,010 shares traded.

Jubilee Metals Group Stock Performance

The stock has a market cap of £94.39 million, a price-to-earnings ratio of 60.00 and a beta of 1.47. The firm’s 50-day moving average is GBX 3.02 and its two-hundred day moving average is GBX 3.27. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.28.

Insider Activity at Jubilee Metals Group

In other news, insider Jonathan Charles Rowell Morley-Kirk bought 1,000,000 shares of Jubilee Metals Group stock in a transaction on Friday, September 5th. The stock was acquired at an average price of GBX 3 per share, with a total value of £30,000. 0.45% of the stock is owned by insiders.

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.