Jubilee Metals Group (LON:JLP) Hits New 12-Month High – Still a Buy?

Jubilee Metals Group PLC (LON:JLP)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 4.60 and last traded at GBX 4.49, with a volume of 8987688 shares traded. The stock had previously closed at GBX 4.50.

Jubilee Metals Group Price Performance

The business has a fifty day moving average price of GBX 3.33 and a 200 day moving average price of GBX 3.16. The company has a debt-to-equity ratio of 12.28, a current ratio of 1.13 and a quick ratio of 1.15. The company has a market capitalization of £141.27 million, a price-to-earnings ratio of -4.49 and a beta of 1.47.

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.