Jubilee Metals Group (LON:JLP) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Jubilee Metals Group (LON:JLP) in a research note released on Friday morning, MarketBeat Ratings reports. The firm currently has a GBX 10 ($0.12) target price on the stock.

Separately, Berenberg Bank reiterated a buy rating and set a GBX 9 ($0.11) price target on shares of Jubilee Metals Group in a report on Thursday, April 18th.

Jubilee Metals Group Stock Performance

LON:JLP opened at GBX 6.60 ($0.08) on Friday. The company’s 50 day moving average price is GBX 6.02 and its 200-day moving average price is GBX 5.81. Jubilee Metals Group has a 52 week low of GBX 4.60 ($0.06) and a 52 week high of GBX 9.50 ($0.12). The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 10.94. The stock has a market cap of £196.68 million, a price-to-earnings ratio of 580.00 and a beta of 1.64.

About Jubilee Metals Group

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.