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

Canaccord Genuity Group restated their buy rating on shares of Jubilee Metals Group (LON:JLP) in a research note issued to investors on Monday morning, MarketBeat.com reports. The firm currently has a GBX 10 ($0.13) price target on the stock.

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

Jubilee Metals Group Stock Performance

Jubilee Metals Group stock opened at GBX 7.10 ($0.09) on Monday. The stock has a 50-day simple moving average of GBX 7.48 and a 200 day simple moving average of GBX 6.46. The stock has a market capitalization of £211.58 million, a price-to-earnings ratio of 580.00 and a beta of 1.56. The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 10.94. Jubilee Metals Group has a 12-month low of GBX 4.60 ($0.06) and a 12-month high of GBX 8.90 ($0.11).

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.