Shares of Jangada Mines Plc (LON:JAN – Get Free Report) 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 changed hands during mid-day 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 capitalization of £2.04 million, a price-to-earnings ratio of 2.23 and a beta of 1.31. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.81 and a quick ratio of 19.49. The firm has a 50 day moving average price of GBX 1.12 and a 200-day moving average price of GBX 1.25.
About Jangada Mines
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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