Jubilee Metals Group (LON:JLP) Sets New 12-Month Low - Here's What Happened

Key Points

• Jubilee Metals Group PLC reached a new 52-week low, trading as low as GBX 2.70 ($0.04) with a volume of over 19 million shares traded.
• The company's current market cap stands at £84.39 million, with a debt-to-equity ratio of 12.28 and a price-to-earnings ratio of 13.43.
• Jubilee Metals focuses on a diverse portfolio in metals production, aiming to expand its geographical and metals exposure while managing environmental obligations.

Jubilee Metals Group PLC (LON:JLP - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 2.70 ($0.04) and last traded at GBX 2.80 ($0.04), with a volume of 19698742 shares changing hands. The stock had previously closed at GBX 3 ($0.04).

Jubilee Metals Group Trading Up 7.1%

The firm has a market cap of £90.42 million, a price-to-earnings ratio of 14.39 and a beta of 1.47. The business's 50 day moving average price is GBX 3.43 and its 200-day moving average price is GBX 3.51. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13.

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.