Jangada Mines Plc (LON:JAN – Get Free Report) shares shot up 7.7% during trading on Friday . The company traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.40 ($0.02). 5,714 shares changed hands during trading, a decline of 98% from the average session volume of 239,214 shares. The stock had previously closed at GBX 1.30 ($0.02).
Jangada Mines Stock Up 1.5 %
The business’s 50 day simple moving average is GBX 1.32 and its 200-day simple moving average is GBX 1.51. The company has a debt-to-equity ratio of 1.20, a quick ratio of 19.49 and a current ratio of 2.08. The company has a market cap of £3.41 million, a price-to-earnings ratio of 2.23 and a beta of 1.40.
Jangada Mines Company Profile
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. Jangada Mines Plc was incorporated in 2015 and is based in London, the United Kingdom.
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