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

Canaccord Genuity Group reiterated their buy rating on shares of Jubilee Metals Group (LON:JLP) in a report issued on Monday, Marketbeat.com reports. They currently have a GBX 13 ($0.16) price target on the stock.

Separately, Berenberg Bank reiterated a buy rating and set a GBX 17 ($0.21) price target on shares of Jubilee Metals Group in a research report on Thursday, July 20th.

Jubilee Metals Group Price Performance

Shares of LON JLP opened at GBX 7.65 ($0.09) on Monday. Jubilee Metals Group has a 1 year low of GBX 6.30 ($0.08) and a 1 year high of GBX 13.92 ($0.17). The company has a debt-to-equity ratio of 7.82, a current ratio of 1.36 and a quick ratio of 1.15. The company’s 50-day moving average is GBX 7.20 and its 200 day moving average is GBX 7.86. The stock has a market capitalization of £209.61 million, a P/E ratio of 765.00 and a beta of 1.58.

About Jubilee Metals Group

Jubilee Metals Group plc operates as a diversified metals 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.