Jubilee Metals Group (LON:JLP) Hits New 52-Week Low – What’s Next?

Jubilee Metals Group PLC (LON:JLP)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.35 ($0.04), with a volume of 12647431 shares traded. The stock had previously closed at GBX 3.80 ($0.05).

Analysts Set New Price Targets

Several research firms have commented on JLP. Canaccord Genuity Group restated a “buy” rating and issued a GBX 7 ($0.09) target price on shares of Jubilee Metals Group in a research note on Tuesday. Royal Bank of Canada cut their price objective on shares of Jubilee Metals Group from GBX 830 ($10.73) to GBX 770 ($9.95) and set an “outperform” rating on the stock in a research report on Tuesday, January 28th.

Jubilee Metals Group Price Performance

The stock has a market cap of £93.43 million, a price-to-earnings ratio of 14.87 and a beta of 1.47. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13. The company has a 50-day simple moving average of GBX 3.75 and a two-hundred day simple moving average of GBX 4.25.

About Jubilee Metals Group

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.