Jubilee Metals Group’s (JLP) “Buy” Rating Reaffirmed at Berenberg Bank

Jubilee Metals Group (LON:JLPGet Rating)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a research note issued on Thursday, LSE.Co.UK reports. They currently have a GBX 22 ($0.27) target price on the stock. Berenberg Bank’s price target would suggest a potential upside of 40.13% from the company’s current price.

Shares of JLP stock opened at GBX 15.70 ($0.20) on Thursday. The firm has a market cap of ¬£414.80 million and a price-to-earnings ratio of 13.31. Jubilee Metals Group has a 52-week low of GBX 13.30 ($0.17) and a 52-week high of GBX 22 ($0.27). The company has a quick ratio of 1.62, a current ratio of 2.00 and a debt-to-equity ratio of 7.00. The company’s 50 day moving average is GBX 15.50 and its 200 day moving average is GBX 15.94.

Jubilee Metals Group Company Profile (Get Rating)

Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through four segments: Metals Processing, Business Development, Exploration, and Corporate. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, osmium, and gold; and chrome, lead, zinc, vanadium, copper, and cobalt ores.

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