Jangada Mines (LON:JAN) Shares Down 9.5% – Should You Sell?

Jangada Mines Plc (LON:JANGet Free Report)’s share price fell 9.5% during trading on Thursday . The stock traded as low as GBX 0.86 ($0.01) and last traded at GBX 0.86 ($0.01). 2,800,000 shares traded hands during trading, an increase of 921% from the average session volume of 274,217 shares. The stock had previously closed at GBX 0.95 ($0.01).

Jangada Mines Stock Performance

The firm has a market cap of £2.20 million, a price-to-earnings ratio of 2.23 and a beta of 1.31. The stock’s fifty day moving average is GBX 1.11 and its two-hundred day moving average is GBX 1.24. The company has a debt-to-equity ratio of 1.20, a quick ratio of 19.49 and a current ratio of 0.81.

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. The company was incorporated in 2015 and is based in London, the United Kingdom.

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