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

Canaccord Genuity Group reissued their buy rating on shares of Jubilee Metals Group (LON:JLP) in a research report report published on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 7 ($0.09) target price on the stock.

Separately, Royal Bank of Canada lowered their target price on Jubilee Metals Group from GBX 830 ($10.88) to GBX 770 ($10.09) and set an “outperform” rating for the company in a report on Tuesday, January 28th.

Jubilee Metals Group Price Performance

Shares of JLP stock opened at GBX 3.10 ($0.04) on Tuesday. Jubilee Metals Group has a 12-month low of GBX 3 ($0.04) and a 12-month high of GBX 8.90 ($0.12). The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 12.28. The firm has a market capitalization of £93.43 million, a price-to-earnings ratio of 14.87 and a beta of 1.47. The firm has a fifty day moving average of GBX 3.69 and a 200-day moving average of GBX 4.23.

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.