Shares of Jubilee Metals Group PLC (LON:JLP – Get Rating) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 15.04 ($0.18) and traded as low as GBX 14.30 ($0.17). Jubilee Metals Group shares last traded at GBX 14.55 ($0.18), with a volume of 3,271,725 shares traded.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 20 ($0.24) price target on shares of Jubilee Metals Group in a report on Wednesday, August 10th.
Jubilee Metals Group Price Performance
The stock has a market cap of £386.81 million and a PE ratio of 1,455.00. The company has a 50-day simple moving average of GBX 14.23 and a 200-day simple moving average of GBX 15.04. The company has a debt-to-equity ratio of 7.00, a current ratio of 2.00 and a quick ratio of 1.62.
Insiders Place Their Bets
In related news, insider Mathews Phosa sold 1,500,000 shares of the stock in a transaction on Thursday, June 9th. The stock was sold at an average price of GBX 15 ($0.18), for a total value of £225,000 ($271,870.47).
Jubilee Metals Group Company Profile
Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through four segments: Metals Processing, Business Development, Exploration, and Corporate. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, osmium, and gold; and chrome, lead, zinc, vanadium, copper, and cobalt ores.
www.ferroalloynet.com
