Jubilee Metals Group (LON:JLP) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Jubilee Metals Group PLC (LON:JLP) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.79 ($0.06) and traded as low as GBX 3.80 ($0.05). Jubilee Metals Group shares last traded at GBX 3.85 ($0.05), with a volume of 3,462,938 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lowered their price objective on shares of Jubilee Metals Group from GBX 830 ($10.33) to GBX 770 ($9.58) and set an “outperform” rating for the company in a research note on Tuesday, January 28th.

Jubilee Metals Group Stock Up 0.5 %

The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.06. The firm has a market capitalization of £116.46 million, a price-to-earnings ratio of 580.00 and a beta of 1.47. The firm has a 50 day moving average price of GBX 4.05 and a two-hundred day moving average price of GBX 4.79.

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.