Jubilee Gold Exploration (CVE:JUB) Shares Down 4.3% – Here’s Why

Jubilee Gold Exploration Ltd. (CVE:JUB)’s share price dropped 4.3% on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 1,000 shares changed hands during trading, a decline of 19% from the average daily volume of 1,233 shares. The stock had previously closed at C$0.47.

Jubilee Gold Exploration Trading Down 4.3 %

The company’s fifty day moving average price is C$0.45 and its two-hundred day moving average price is C$0.45. The company has a quick ratio of 1.37, a current ratio of 36.37 and a debt-to-equity ratio of 1.73. The company has a market cap of C$3.50 million, a price-to-earnings ratio of 2.81 and a beta of 0.57.

Jubilee Gold Exploration Company Profile

Jubilee Gold Exploration Ltd. engages in the exploration of mineral resource properties. It holds net smelter royalties from various properties located in Ontario and Quebec, Canada. Jubilee Gold Exploration Ltd. was incorporated in 2013 and is based in Toronto, Canada. Jubilee Gold Exploration Ltd. operates as a subsidiary of Direct Business Services Ltd.