Jubilee Metals Group (LON:JLP) Receives “Buy” Rating from Canaccord Genuity Group

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 10 ($0.12) target price on the stock. Canaccord Genuity Group’s price target points to a potential upside of 53.12% from the stock’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 9 ($0.11) price target on shares of Jubilee Metals Group in a research note on Thursday, April 18th.

Jubilee Metals Group Stock Performance

LON:JLP opened at GBX 6.53 ($0.08) on Friday. The business has a 50 day moving average price of GBX 6 and a 200-day moving average price of GBX 5.81. Jubilee Metals Group has a fifty-two week low of GBX 4.60 ($0.06) and a fifty-two week high of GBX 9.50 ($0.12). The firm has a market cap of £194.62 million, a PE ratio of 580.00 and a beta of 1.64. The company has a debt-to-equity ratio of 10.94, a quick ratio of 1.15 and a current ratio of 1.12.

About Jubilee Metals Group

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.