Jubilee Gold Exploration (CVE:JUB) Stock Price Up 10.4%

Jubilee Gold Exploration Ltd (CVE:JUB)’s stock price rose 10.4% on Thursday . The stock traded as high as C$0.54 and last traded at C$0.53, approximately 6,500 shares were traded during trading. A decline of 82% from the average daily volume of 36,387 shares. The stock had previously closed at C$0.48.

The firm has a market cap of $6.53 million and a price-to-earnings ratio of 10.82. The company has a 50-day simple moving average of C$0.56. The company has a quick ratio of 0.20, a current ratio of 0.21 and a debt-to-equity ratio of 3.46.

About Jubilee Gold Exploration (CVE:JUB)

Jubilee Gold Exploration Ltd. engages in the exploration of resource properties in Canada. It primarily explores for gold deposits. The company holds interests in various properties located in Ontario and Quebec, Canada. Jubilee Gold Exploration Ltd. is based in Toronto, Canada.

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