Jubilee Metals Group (LON:JLP) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Jubilee Metals Group's share price fell below its 200-day moving average, trading at GBX 3.04 ($0.04) as of Monday.
• The company has a significant debt-to-equity ratio of 12.28 and a price-to-earnings ratio of 6,092.00, indicating potential risk in its financial position.
• Insider Jonathan Charles Rowell Morley-Kirk purchased 1,000,000 shares at GBX 3 each, suggesting some confidence in the company's prospects despite recent stock performance.

Jubilee Metals Group PLC (LON:JLP - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3.36 ($0.05) and traded as low as GBX 3 ($0.04). Jubilee Metals Group shares last traded at GBX 3.04 ($0.04), with a volume of 90,765,219 shares changing hands.

Jubilee Metals Group Stock Performance

The company has a market cap of £94.04 million, a PE ratio of 5,978.00 and a beta of 1.47. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13. The stock's 50-day simple moving average is GBX 3.13 and its 200 day simple moving average is GBX 3.35.

Insiders Place Their Bets

In other Jubilee Metals Group news, insider Jonathan Charles Rowell Morley-Kirk bought 1,000,000 shares of the company's stock in a transaction on Friday, September 5th. The shares were bought at an average price of GBX 3 per share, for a total transaction of £30,000. Corporate insiders own 0.42% of the company's stock.

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.