Jangada Mines (LON:JAN) Stock Price Up 0.7%

Jangada Mines Plc (LON:JAN)’s stock price rose 0.7% during trading on Monday . The company traded as high as GBX 7.39 ($0.10) and last traded at GBX 7.25 ($0.09). Approximately 1,068,537 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 1,182,280 shares. The stock had previously closed at GBX 7.20 ($0.09).

The company has a debt-to-equity ratio of 1.20, a current ratio of 8.27 and a quick ratio of 8.27. The company has a market capitalization of £19.01 million and a PE ratio of 9.06. The business has a 50-day moving average of GBX 7.15 and a 200 day moving average of GBX 7.74.

About Jangada Mines (LON:JAN)

Jangada Mines Plc, through its subsidiary, Pedra Branca do Brasil Mineracao S/A engages in the exploration and development of platinum group metal (PGM) assets in South America. It explores for platinum, palladium, rhodium, nickel, copper, gold, and chrome, as well as vanadium. The company primarily holds an interest in the Pedra Branca PGM project that includes 3 mining licenses and 44 exploration licenses covering an area of approximately 55,000 hectares located in the northeast of Brazil.

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