Jubilee Metals Group (LON:JLP) Stock Rating Reaffirmed by Berenberg Bank

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating reaffirmed by investment analysts at Berenberg Bank in a research note issued on Thursday, Marketbeat reports. They currently have a GBX 9 ($0.11) target price on the stock. Berenberg Bank’s price target points to a potential upside of 32.35% from the company’s previous close.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 10 ($0.12) price objective on shares of Jubilee Metals Group in a research report on Monday, February 26th.

Jubilee Metals Group Price Performance

Shares of LON JLP opened at GBX 6.80 ($0.08) on Thursday. The firm has a market cap of £202.64 million, a P/E ratio of 580.00 and a beta of 1.64. The business’s 50 day moving average is GBX 5.87 and its 200-day moving average is GBX 5.82. The company has a current ratio of 1.12, a quick ratio of 1.15 and a debt-to-equity ratio of 10.94. Jubilee Metals Group has a 1-year low of GBX 4.60 ($0.06) and a 1-year high of GBX 9.68 ($0.12).

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.