Jangada Mines (LON:JAN) Trading Down 11.5%

Jangada Mines Plc (LON:JANGet Free Report)’s stock price was down 11.5% during trading on Thursday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.35 ($0.02). Approximately 100,066 shares were traded during trading, a decline of 67% from the average daily volume of 302,958 shares. The stock had previously closed at GBX 1.53 ($0.02).

Jangada Mines Price Performance

The stock has a market capitalization of £3.49 million, a P/E ratio of 2.23 and a beta of 1.48. The firm’s fifty day moving average is GBX 1.89 and its 200-day moving average is GBX 1.85. The company has a current ratio of 4.05, a quick ratio of 19.49 and a debt-to-equity ratio of 1.20.

About Jangada Mines

(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.

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