Jangada Mines (LON:JAN) Reaches New 1-Year Low – What’s Next?

Jangada Mines Plc (LON:JANGet Free Report) hit a new 52-week low on Friday . The company traded as low as GBX 0.90 ($0.01) and last traded at GBX 0.90 ($0.01), with a volume of 2113801 shares changing hands. The stock had previously closed at GBX 1.08 ($0.01).

Jangada Mines Stock Performance

The company has a 50-day moving average of GBX 1.14 and a 200-day moving average of GBX 1.25. The firm has a market capitalization of £2.46 million, a price-to-earnings ratio of 2.23 and a beta of 1.31. The company has a current ratio of 0.81, a quick ratio of 19.49 and a debt-to-equity ratio of 1.20.

Jangada Mines Company Profile

(Get Free Report)

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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