Jubilee Metals Group (LON:JLP) Shares Up 14.1% – Time to Buy?

Jubilee Metals Group PLC (LON:JLP) was up 14.1% during trading on Thursday. The stock traded as high as GBX 2.23 and last traded at GBX 2.23. 43,987,191 shares were traded during trading, an increase of 359% from the average daily volume of 9,584,887 shares. The stock had previously closed at GBX 1.95.

Jubilee Metals Group Stock Performance

The business’s fifty day moving average is GBX 2.38 and its 200-day moving average is GBX 2.67. The company has a quick ratio of 1.15, a current ratio of 0.92 and a debt-to-equity ratio of 10.41. The company has a market cap of £75.23 million, a PE ratio of -1.58 and a beta of 1.14.

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.