Jubilee Metals Group (LON:JLP) Stock Price Passes Below 200 Day Moving Average - What's Next?

Key Points

• Jubilee Metals Group PLC's share price has fallen below its 200-day moving average, trading at GBX 2.95 ($0.04) compared to the average of GBX 3.45 ($0.05).
• The company's stock declined by 2.8%, with a trading volume of over 15 million shares on the latest trading day.
• Jubilee Metals is focused on recovering metals from a range of sources, including surface tailings and primary mineral ore, with a diverse portfolio covering commodities like platinum, chrome, and copper.

Jubilee Metals Group PLC (LON:JLP - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3.45 ($0.05) and traded as low as GBX 2.95 ($0.04). Jubilee Metals Group shares last traded at GBX 2.95 ($0.04), with a volume of 15,018,365 shares.

Jubilee Metals Group Price Performance

The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.28. The firm's 50 day simple moving average is GBX 3.24 and its two-hundred day simple moving average is GBX 3.41. The firm has a market cap of £90.42 million, a price-to-earnings ratio of 14.39 and a beta of 1.47.

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.