Jubilee Metals Group’s (JLP) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a note issued to investors on Thursday, Digital Look reports. They presently have a GBX 10 ($0.13) target price on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 102.72% from the stock’s current price.

Jubilee Metals Group Trading Down 0.9 %

Shares of LON JLP traded down GBX 0.05 ($0.00) during mid-day trading on Thursday, reaching GBX 4.93 ($0.07). 7,997,043 shares of the company’s stock were exchanged, compared to its average volume of 3,997,025. The firm has a market capitalization of £148.48 million, a price-to-earnings ratio of 580.00 and a beta of 1.47. The company has a debt-to-equity ratio of 10.94, a quick ratio of 1.15 and a current ratio of 1.12. Jubilee Metals Group has a 52-week low of GBX 4.60 ($0.06) and a 52-week high of GBX 8.90 ($0.12). The company’s 50-day moving average is GBX 5.94 and its 200-day moving average is GBX 6.56.

Insider Transactions at Jubilee Metals Group

In other news, insider Leon Coetzer bought 625,000 shares of the stock in a transaction that occurred on Wednesday, July 24th. The stock was bought at an average cost of GBX 6 ($0.08) per share, for a total transaction of £37,500 ($49,537.65). Company insiders own 29.99% of the company’s stock.

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.