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

Key Points

• Jubilee Metals Group shares have crossed below their 200-day moving average of GBX 3.50, trading at GBX 2.95 with a volume of over 10 million shares on Monday.
• The company has a debt-to-equity ratio of 12.28, indicating significant leverage, alongside a market capitalization of £91.89 million and a price-to-earnings ratio of 14.62.
• Jubilee Metals specializes in environmentally conscious metals recovery from surface tailings and primary mineral ore, with a diverse portfolio in commodities including platinum group metals and copper.

Shares of Jubilee Metals Group PLC (LON:JLP - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3.50 ($0.05) and traded as low as GBX 2.80 ($0.04). Jubilee Metals Group shares last traded at GBX 2.95 ($0.04), with a volume of 10,911,111 shares changing hands.

Jubilee Metals Group Price Performance

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 company has a market cap of £87.40 million, a PE ratio of 13.91 and a beta of 1.47. The company's 50-day simple moving average is GBX 3.33 and its 200 day simple moving average is GBX 3.47.

Jubilee Metals Group Company Profile

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.