Berenberg Bank Reiterates Buy Rating for Jubilee Metals Group (LON:JLP)

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Marketbeat.com reports. They currently have a GBX 9 ($0.11) target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 32.35% from the stock’s previous close.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 10 ($0.12) target price on shares of Jubilee Metals Group in a research report on Monday, February 26th.

Jubilee Metals Group Stock Down 0.7 %

Shares of LON:JLP opened at GBX 6.80 ($0.08) on Thursday. The firm has a 50 day simple moving average of GBX 5.87 and a 200 day simple moving average of GBX 5.82. Jubilee Metals Group has a 52 week low of GBX 4.60 ($0.06) and a 52 week high of GBX 9.68 ($0.12). The company has a debt-to-equity ratio of 10.94, a quick ratio of 1.15 and a current ratio of 1.12. The company has a market cap of £202.64 million, a PE ratio of 580.00 and a beta of 1.64.

Jubilee Metals Group Company Profile

Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through PGM and Chrome, Copper and Cobalt, and Other segments. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, and osmium; and chrome, lead, zinc, vanadium, copper, and cobalt ores.