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

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a report released on Thursday, Digital Look reports. They currently have a GBX 9 ($0.11) price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 32.35% from the stock’s current price.

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

Jubilee Metals Group Stock Performance

JLP opened at GBX 6.80 ($0.08) on Thursday. Jubilee Metals Group has a 52-week low of GBX 4.60 ($0.06) and a 52-week high of GBX 9.80 ($0.12). The firm has a market capitalization of £202.64 million, a PE 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 business’s 50-day simple moving average is GBX 5.81 and its 200 day simple moving average is GBX 5.81.

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.