Insider Buying: Jubilee Platinum PLC (JLP) Insider Acquires 1,250,000 Shares of Stock
Jubilee Platinum PLC (LON:JLP) insider Colin Bird bought 1,250,000 shares of Jubilee Platinum PLC stock in a transaction that occurred on Thursday, June 22nd. The shares were acquired at an average price of GBX 4 ($0.05) per share, with a total value of £50,000 ($63,702.38).
Jubilee Platinum PLC (JLP) traded up 7.28% during trading on Thursday, reaching GBX 4.05. 12,143,514 shares of the company were exchanged. The firm’s market cap is GBX 42.62 million. The firm has a 50-day moving average of GBX 4.35 and a 200-day moving average of GBX 4.46. Jubilee Platinum PLC has a 52-week low of GBX 2.66 and a 52-week high of GBX 7.50.
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Separately, Beaufort Securities reaffirmed a “speculative buy” rating on shares of Jubilee Platinum PLC in a research note on Friday, June 16th.
Jubilee Platinum PLC Company Profile
Jubilee Platinum Plc is a mining-exploration-to-metal development company focused on platinum group elements (PGE) and nickel. The Company is engaged in exploration and exploitation of natural resources. The Company’s segments are PGE beneficiation and development, nickel tailings, exploration and mining, and other operations.
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