Jubilee Metals Group PLC (LON:JLP – Get Rating) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 11.86 ($0.14) and traded as low as GBX 9.40 ($0.11). Jubilee Metals Group shares last traded at GBX 9.60 ($0.12), with a volume of 1,626,273 shares.
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 19 ($0.23) price objective on shares of Jubilee Metals Group in a research report on Friday, December 16th.
The stock has a market cap of £262.08 million, a P/E ratio of 960.00 and a beta of 1.50. The company has a debt-to-equity ratio of 4.26, a current ratio of 1.77 and a quick ratio of 1.15. The business’s fifty day moving average price is GBX 11.08 and its 200 day moving average price is GBX 11.86.
Insider Transactions at Jubilee Metals Group
In related news, insider Ollie Oliveira bought 326,000 shares of the company’s stock in a transaction dated Thursday, February 16th. The stock was purchased at an average price of GBX 9 ($0.11) per share, with a total value of £29,340 ($35,332.37). Company insiders own 31.78% of the company’s stock.
About Jubilee Metals Group
Jubilee Metals Group plc operates as a diversified metals 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.
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