Jubilee Metals Group (LON:JLP) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

Key Points

• Jubilee Metals Group PLC (LON:JLP) exceeded its 200-day moving average of GBX 3.38, trading at GBX 3.40 with a volume of over 3.4 million shares.
• The company's market capitalization stands at £100.37 million, with a notably high price-to-earnings ratio of 6,380.00 and a debt-to-equity ratio of 12.28.
• Jubilee Metals focuses on environmentally friendly metals recovery, with a diverse portfolio that includes Platinum Group Metals, chrome, copper, lead, zinc, vanadium, and cobalt.

Jubilee Metals Group PLC (LON:JLP - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.38 ($0.05) and traded as high as GBX 3.40 ($0.05). Jubilee Metals Group shares last traded at GBX 3.40 ($0.05), with a volume of 3,483,605 shares.

Jubilee Metals Group Price Performance

The company has a debt-to-equity ratio of 12.28, a current ratio of 1.13 and a quick ratio of 1.15. The company has a market capitalization of £97.54 million, a P/E ratio of 6,200.00 and a beta of 1.47. The company has a 50 day moving average of GBX 3.18 and a 200-day moving average of GBX 3.37.

Insider Activity

In other Jubilee Metals Group news, insider Jonathan Charles Rowell Morley-Kirk bought 1,000,000 shares of the business's stock in a transaction that occurred on Friday, September 5th. The shares were bought at an average cost of GBX 3 per share, with a total value of £30,000. 0.42% of the stock is owned by insiders.

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.