Jangada Mines Plc (LON:JAN – Get Free Report) dropped 11.5% during mid-day trading on Thursday . The stock traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.35 ($0.02). Approximately 100,066 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 302,958 shares. The stock had previously closed at GBX 1.53 ($0.02).
Jangada Mines Trading Down 11.5 %
The stock has a market capitalization of £3.49 million, a price-to-earnings ratio of 2.23 and a beta of 1.48. The company has a debt-to-equity ratio of 1.20, a quick ratio of 19.49 and a current ratio of 4.05. The firm has a fifty day moving average of GBX 1.90 and a 200-day moving average of GBX 1.86.
About Jangada Mines
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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