Jubilee Metals Group (LON:JLP) Stock Price Down 8.9% - Time to Sell?

Key Points

• Shares fell 8.9% intraday to GBX 2.92 (from GBX 3.20) with about 10.52M shares traded, slightly below average session volume.
• The company has a market cap of £93.96M, a negative P/E (-2.07) and a very high debt-to-equity ratio (10.41), while liquidity metrics are weak (current ratio 0.92, quick ratio 1.15).
• Jubilee Metals is a diversified metals processor focused on treating surface tailings and third-party ore, providing exposure to PGMs, chrome, copper, vanadium, cobalt and other commodities.

Jubilee Metals Group PLC (LON:JLP - ) traded down 8.9% during mid-day trading on Wednesday . The company traded as low as GBX 2.92 and last traded at GBX 2.92. 10,520,061 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 10,852,948 shares. The stock had previously closed at GBX 3.20.

Jubilee Metals Group Stock Down 8.9%

The stock has a market cap of £93.96 million, a price-to-earnings ratio of -2.07 and a beta of 1.10. The company has a current ratio of 0.92, a quick ratio of 1.15 and a debt-to-equity ratio of 10.41. The stock's 50-day moving average price is GBX 3.66 and its 200-day moving average price is GBX 3.49.

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.

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