Jubilee Metals Group (LON:JLP) Stock Passes Below 200-Day Moving Average – Should You Sell?

Jubilee Metals Group PLC (LON:JLP)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 6.11 ($0.08) and traded as low as GBX 5.20 ($0.07). Jubilee Metals Group shares last traded at GBX 5.30 ($0.07), with a volume of 3,736,095 shares.

Analysts Set New Price Targets

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

Jubilee Metals Group Trading Down 0.2 %

The stock has a market cap of £161.04 million, a PE ratio of 580.00 and a beta of 1.47. 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 company’s 50-day moving average price is GBX 4.80 and its 200 day moving average price is GBX 6.11.

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.