Jubilee Metals Group (LON:JLP) Trading 3.2% Higher – Here’s Why

Jubilee Metals Group PLC (LON:JLP)’s share price was up 3.2% during trading on Friday . The company traded as high as GBX 4.80 ($0.06) and last traded at GBX 4.80 ($0.06). Approximately 1,313,886 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 5,323,284 shares. The stock had previously closed at GBX 4.65 ($0.06).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 10 ($0.13) price objective on shares of Jubilee Metals Group in a research report on Thursday, September 19th.

Jubilee Metals Group Trading Up 3.2 %

The company has a debt-to-equity ratio of 12.06, a quick ratio of 1.15 and a current ratio of 1.13. The stock has a market capitalization of £144.48 million, a PE ratio of 580.00 and a beta of 1.47. The company has a 50 day moving average of GBX 4.75 and a two-hundred day moving average of GBX 5.77.

Jubilee Metals Group Company Profile

Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through PGM and Chrome, Copper and Cobalt, and Other segments. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, and osmium; and chrome, lead, zinc, vanadium, copper, and cobalt ores.