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

Canaccord Genuity Group restated their speculative buy rating on shares of Jubilee Metals Group (LON:JLP) in a research report sent to investors on Wednesday morning, Marketbeat reports. The firm currently has a GBX 7 ($0.09) target price on the stock.

Separately, Royal Bank of Canada reduced their price target on shares of Jubilee Metals Group from GBX 830 ($10.72) to GBX 770 ($9.94) and set an “outperform” rating for the company in a research report on Tuesday, January 28th.

Jubilee Metals Group Price Performance

JLP opened at GBX 3.62 ($0.05) on Wednesday. The firm has a market cap of £109.04 million, a P/E ratio of 17.35 and a beta of 1.47. The firm has a 50-day moving average of GBX 3.85 and a 200 day moving average of GBX 4.34. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13. Jubilee Metals Group has a fifty-two week low of GBX 3.26 ($0.04) and a fifty-two week high of GBX 8.90 ($0.11).

Jubilee Metals Group Company Profile

Jubilee Metals Group Plc (JLP) is an international and diversified metals producer listed on AIM and Alt-X. The company is focused on the treatment of both surface tailings materials and primary mineral ore generated from 3rd party mining operations. Led by an experienced team with the ability to design, build and execute environmentally conscious metals recovery solutions, Jubilee has a well-developed strategy to widen geographic and metals exposure driven by rising environmental obligations.

Jubilee Metals has an established multi project portfolio providing exposure to a broad commodity basket including Platinum Group Metals (‘PGMs’), chrome, copper, lead, zinc, vanadium and cobalt.