Jangada Mines (LON:JAN) Sets New 1-Year Low at $0.95

Jangada Mines PLC (LON:JAN) hit a new 52-week low on Tuesday . The stock traded as low as GBX 0.95 ($0.01) and last traded at GBX 1.03 ($0.01), with a volume of 380098 shares changing hands. The stock had previously closed at GBX 1.05 ($0.01).

The company has a market capitalization of $2.43 million and a PE ratio of -1.28. The company has a debt-to-equity ratio of 6.12, a current ratio of 2.01 and a quick ratio of 2.01. The business’s fifty day simple moving average is GBX 1.09.

Jangada Mines Company Profile (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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