Jubilee Metals Group (LON:JLP) Trading Down 9% - What's Next?

Key Points

• Jubilee Metals Group's shares fell 9% on Monday, closing at GBX 3.02 ($0.04), with trading volume increasing by 111% compared to the daily average.
• The company has a market capitalization of £97.54 million, a PE ratio of 6,200.00, and a debt-to-equity ratio of 12.28, indicating a highly leveraged position.
• Insider Jonathan Charles Rowell Morley-Kirk acquired 1,000,000 shares at an average cost of GBX 3, reflecting confidence from corporate insiders despite the stock's recent decline.

Jubilee Metals Group PLC (LON:JLP - ) shares were down 9% on Monday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3.02 ($0.04). Approximately 16,550,914 shares were traded during trading, an increase of 111% from the average daily volume of 7,827,608 shares. The stock had previously closed at GBX 3.32 ($0.04).

Jubilee Metals Group Trading Down 6.6%

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 has a market capitalization of £97.54 million, a PE ratio of 6,200.00 and a beta of 1.47. The firm has a 50 day simple moving average of GBX 3.09 and a 200 day simple moving average of GBX 3.33.

Insider Buying and Selling

In other news, insider Jonathan Charles Rowell Morley-Kirk acquired 1,000,000 shares of Jubilee Metals Group stock in a transaction dated Friday, September 5th. The stock was purchased at an average cost of GBX 3 per share, with a total value of £30,000. Corporate insiders own 0.45% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.