Canaccord Genuity Group Reaffirms “Buy” Rating for Jubilee Metals Group (LON:JLP)

Canaccord Genuity Group restated their buy rating on shares of Jubilee Metals Group (LON:JLP) in a research note published on Friday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 10 ($0.12) price objective on the stock.

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

Jubilee Metals Group Stock Performance

Shares of JLP stock opened at GBX 6.60 ($0.08) on Friday. Jubilee Metals Group has a 1 year low of GBX 4.60 ($0.06) and a 1 year high of GBX 9.50 ($0.12). The firm has a market capitalization of £196.68 million, a PE ratio of 580.00 and a beta of 1.64. The stock has a fifty day moving average of GBX 6.02 and a two-hundred day moving average of GBX 5.80. The company has a debt-to-equity ratio of 10.94, a quick ratio of 1.15 and a current ratio of 1.12.

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.