Jubilee Metals Group (LON:JLP) Shares Pass Below 200 Day Moving Average of $6.53

Jubilee Metals Group PLC (LON:JLP)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 6.53 ($0.09) and traded as low as GBX 4.80 ($0.06). Jubilee Metals Group shares last traded at GBX 4.80 ($0.06), with a volume of 4,531,345 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 10 ($0.13) price objective on shares of Jubilee Metals Group in a research note on Thursday, September 19th.

Jubilee Metals Group Trading Up 0.5 %

The company has a 50 day moving average of GBX 5.54 and a two-hundred day moving average of GBX 6.51. The stock has a market capitalization of £147.49 million, a PE ratio of 580.00 and a beta of 1.47. The company has a debt-to-equity ratio of 10.94, a quick ratio of 1.15 and a current ratio of 1.12.

Insider Activity at Jubilee Metals Group

In related news, insider Leon Coetzer bought 625,000 shares of the company’s stock in a transaction on Wednesday, July 24th. The shares were bought at an average price of GBX 6 ($0.08) per share, with a total value of £37,500 ($50,160.51). 29.99% of the stock is currently owned by insiders.

About Jubilee Metals Group

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.