Jubilee Metals Group (LON:JLP) Trading 1.9% Higher – Time to Buy?

Jubilee Metals Group PLC (LON:JLP)’s stock price rose 1.9% during trading on Thursday . The company traded as high as GBX 4.10 and last traded at GBX 4.06. Approximately 10,138,981 shares traded hands during trading, a decline of 11% from the average daily volume of 11,354,038 shares. The stock had previously closed at GBX 3.98.

Jubilee Metals Group Trading Down 1.2%

The company has a 50 day moving average of GBX 3.92 and a 200 day moving average of GBX 3.32. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.28. The firm has a market cap of £125.85 million, a price-to-earnings ratio of -4.00 and a beta of 1.47.

Jubilee Metals Group Company Profile

Jubilee Metals Group Plc (JLP) is an international and diversified metals producer listed on AIM and Alt-X. The company is focused on the treatment of both surface tailings materials and primary mineral ore generated from 3rd party mining operations. Led by an experienced team with the ability to design, build and execute environmentally conscious metals recovery solutions, Jubilee has a well-developed strategy to widen geographic and metals exposure driven by rising environmental obligations.

Jubilee Metals has an established multi project portfolio providing exposure to a broad commodity basket including Platinum Group Metals (‘PGMs’), chrome, copper, lead, zinc, vanadium and cobalt.