Jangada Mines (LON:JAN) Trading 10% Higher

Jangada Mines Plc (LON:JANGet Free Report) shares were up 10% during mid-day trading on Friday . The stock traded as high as GBX 1.10 ($0.01) and last traded at GBX 1.10 ($0.01). Approximately 252,272 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 250,773 shares. The stock had previously closed at GBX 1 ($0.01).

Jangada Mines Price Performance

The firm has a market capitalization of £2.84 million, a P/E ratio of 2.23 and a beta of 1.31. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.81 and a quick ratio of 19.49. The stock’s fifty day simple moving average is GBX 1.31 and its 200 day simple moving average is GBX 1.42.

About Jangada Mines

(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. Jangada Mines Plc was incorporated in 2015 and is based in London, the United Kingdom.

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