Jangada Mines (LON:JAN) Sets New 12-Month Low – Here’s What Happened

Shares of Jangada Mines Plc (LON:JANGet Free Report) hit a new 52-week low during mid-day trading 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 traded. The stock had previously closed at GBX 1.08 ($0.01).

Jangada Mines Trading Down 16.2 %

The company has a debt-to-equity ratio of 1.20, a quick ratio of 19.49 and a current ratio of 0.81. The firm has a market capitalization of £2.33 million, a P/E ratio of 2.23 and a beta of 1.31. The firm has a 50 day moving average price of GBX 1.15 and a two-hundred day moving average price of GBX 1.26.

Jangada Mines Company Profile

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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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