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 research analysts at Canaccord Genuity Group in a report issued on Thursday, Digital Look reports. They presently have a GBX 10 ($0.12) target price on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 47.06% from the company’s previous close.

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

Jubilee Metals Group Trading Down 7.4 %

LON JLP opened at GBX 6.80 ($0.08) on Thursday. Jubilee Metals Group has a one year low of GBX 4.60 ($0.06) and a one year high of GBX 9.80 ($0.12). The company’s 50 day moving average price is GBX 5.81 and its 200 day moving average price is GBX 5.81. 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 firm has a market capitalization of £202.64 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.