Jubilee Metals Group (LON:JLP) Stock Rating Reaffirmed by Canaccord Genuity Group

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity Group in a report issued on Thursday, MarketBeat reports. They currently have a GBX 10 ($0.12) price objective on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 47.06% from the company’s previous close.

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

Jubilee Metals Group Stock Down 0.7 %

Shares of LON:JLP opened at GBX 6.80 ($0.08) on Thursday. The firm has a market capitalization of £202.64 million, a P/E ratio of 580.00 and a beta of 1.64. The company has a debt-to-equity ratio of 10.94, a quick ratio of 1.15 and a current ratio of 1.12. The stock has a 50 day moving average price of GBX 5.87 and a 200-day moving average price of GBX 5.82. Jubilee Metals Group has a 52-week low of GBX 4.60 ($0.06) and a 52-week 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.