Jangada Mines (LON:JAN) Trading Down 8.2% – What’s Next?

Jangada Mines Plc (LON:JANGet Free Report)’s share price traded down 8.2% during mid-day trading on Wednesday . The company traded as low as GBX 1.01 ($0.01) and last traded at GBX 1.01 ($0.01). 364,019 shares changed hands during mid-day trading, an increase of 49% from the average session volume of 244,365 shares. The stock had previously closed at GBX 1.10 ($0.01).

Jangada Mines Price Performance

The stock has a market cap of £2.61 million, a PE ratio of 2.23 and a beta of 1.31. The business’s 50-day simple moving average is GBX 1.26 and its 200-day simple moving average is GBX 1.35. The company has a quick ratio of 19.49, a current ratio of 0.81 and a debt-to-equity ratio of 1.20.

Jangada Mines Company Profile

(Get Free Report)

Jangada Mines Plc, through its subsidiaries, engages in the exploration and development of mining assets in Brazil. The company explores for vanadium, titanium, and iron deposits. It holds 100% interest in the Pitombeiras vanadium project located in the state of Ceará, Brazil. Jangada Mines Plc was incorporated in 2015 and is based in London, the United Kingdom.

Further Reading

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