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

Canaccord Genuity Group reissued their buy rating on shares of Jubilee Metals Group (LON:JLP) in a research note issued to investors on Thursday morning, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 10 ($0.12) target price on the stock.

Separately, Berenberg Bank reissued a buy rating and set a GBX 9 ($0.11) price objective on shares of Jubilee Metals Group in a report on Thursday.

Jubilee Metals Group Stock Performance

JLP opened at GBX 6.75 ($0.08) on Thursday. The firm has a market capitalization of £201.15 million, a P/E ratio of 580.00 and a beta of 1.64. The stock’s 50 day moving average price is GBX 5.84 and its two-hundred day moving average price is GBX 5.82. The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 10.94. Jubilee Metals Group has a 12-month low of GBX 4.60 ($0.06) and a 12-month 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.