Jangada Mines (LON:JAN) Shares Down 9.5% – Should You Sell?

Jangada Mines Plc (LON:JANGet Free Report)’s share price dropped 9.5% during mid-day trading on Thursday . The company traded as low as GBX 0.86 ($0.01) and last traded at GBX 0.86 ($0.01). Approximately 2,800,000 shares were traded during mid-day trading, an increase of 921% from the average daily volume of 274,217 shares. The stock had previously closed at GBX 0.95 ($0.01).

Jangada Mines Stock Performance

The company has a current ratio of 0.81, a quick ratio of 19.49 and a debt-to-equity ratio of 1.20. The stock has a market capitalization of £2.04 million, a price-to-earnings ratio of 2.23 and a beta of 1.31. The firm’s fifty day moving average price is GBX 1.12 and its 200 day moving average price is GBX 1.25.

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.

Further Reading

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