Jubilee Metals Group (LON:JLP) Sets New 1-Year Low – Time to Sell?

Shares of Jubilee Metals Group PLC (LON:JLP) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.67 ($0.05), with a volume of 1610705 shares traded. The stock had previously closed at GBX 3.65 ($0.05).

Wall Street Analyst Weigh In

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

Jubilee Metals Group Price Performance

The company has a market cap of £108.36 million, a P/E ratio of 580.00 and a beta of 1.47. The firm’s 50-day moving average is GBX 4.55 and its two-hundred day moving average is GBX 5.40. The company has a debt-to-equity ratio of 12.06, a current ratio of 1.13 and a quick ratio of 1.15.

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.