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

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

Jubilee Gold Exploration Price Performance

The firm has a market cap of C$3.50 million, a P/E ratio of 2.81 and a beta of 0.57. The stock’s 50-day moving average is C$0.45 and its 200-day moving average 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.

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.