Jubilee Metals Group (LON:JLP) Shares Up 11.6% – Still a Buy?

Jubilee Metals Group PLC (LON:JLP) shares shot up 11.6% on Monday . The stock traded as high as GBX 2.90 and last traded at GBX 2.79. Approximately 19,624,404 shares changed hands during trading, an increase of 127% from the average daily volume of 8,663,424 shares. The stock had previously closed at GBX 2.50.

Jubilee Metals Group Stock Performance

The company has a current ratio of 0.92, a quick ratio of 1.15 and a debt-to-equity ratio of 10.41. The company has a market capitalization of £91.43 million, a price-to-earnings ratio of -2.01 and a beta of 1.14. The stock’s fifty day simple moving average is GBX 2.57 and its 200-day simple moving average is GBX 3.22.

About Jubilee Metals Group

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.