Jubilee Metals Group (LON:JLP) Shares Pass Below 200 Day Moving Average - What's Next?

Key Points

• Jubilee Metals Group's shares fell below their 200-day moving average, trading at GBX 3 ($0.04) after reaching a low of GBX 3 during trading on Tuesday.
• Insider Jonathan Charles Rowell Morley-Kirk purchased 1,000,000 shares at an average price of GBX 3 each, totaling £30,000, raising insider ownership to 0.42%.
• The company's current market capitalization stands at £95.96 million, with a high PE ratio of 6,100.00 and a beta of 1.47.

Jubilee Metals Group PLC (LON:JLP - ) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3.34 ($0.05) and traded as low as GBX 3 ($0.04). Jubilee Metals Group shares last traded at GBX 3 ($0.04), with a volume of 5,177,312 shares trading hands.

Jubilee Metals Group Stock Down 1.6%

The stock has a 50-day simple moving average of GBX 3.11 and a two-hundred day simple moving average of GBX 3.34. The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 12.28. The firm has a market cap of £95.96 million, a PE ratio of 6,100.00 and a beta of 1.47.

Insiders Place Their Bets

In other news, insider Jonathan Charles Rowell Morley-Kirk purchased 1,000,000 shares of the stock in a transaction on Friday, September 5th. The shares were acquired at an average price of GBX 3 per share, for a total transaction 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.

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