Jubilee Metals Group’s (JLP) Speculative Buy Rating Reaffirmed at Canaccord Genuity Group

Jubilee Metals Group (LON:JLP)‘s stock had its “speculative buy” rating reiterated by stock analysts at Canaccord Genuity Group in a report issued on Wednesday, Marketbeat.com reports. They presently have a GBX 7 ($0.09) price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 102.31% from the company’s current price.

Separately, Royal Bank of Canada reduced their price objective on shares of Jubilee Metals Group from GBX 830 ($10.79) to GBX 770 ($10.01) and set an “outperform” rating on the stock in a research note on Tuesday, January 28th.

Jubilee Metals Group Price Performance

Shares of Jubilee Metals Group stock opened at GBX 3.46 ($0.04) on Wednesday. Jubilee Metals Group has a twelve month low of GBX 3.26 ($0.04) and a twelve month high of GBX 8.90 ($0.12). The company has a 50-day simple moving average of GBX 3.84 and a two-hundred day simple moving average of GBX 4.38. The stock has a market capitalization of £104.28 million, a price-to-earnings ratio of 16.59 and a beta of 1.47. The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 12.28.

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.