Jubilee Metals Group’s (JLP) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Jubilee Metals Group (LON:JLP) in a research report released on Thursday morning, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 10 ($0.12) price target on the stock.

Separately, Berenberg Bank reissued a buy rating and set a GBX 9 ($0.11) price target on shares of Jubilee Metals Group in a report on Thursday.

Jubilee Metals Group Stock Performance

JLP opened at GBX 6.75 ($0.08) on Thursday. Jubilee Metals Group has a 12-month low of GBX 4.60 ($0.06) and a 12-month high of GBX 9.68 ($0.12). The stock has a market cap of £201.15 million, a price-to-earnings ratio of 580.00 and a beta of 1.64. The business has a 50 day moving average of GBX 5.84 and a 200-day moving average of GBX 5.82. The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 10.94.

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.