Jubilee Metals Group (LON:JLP) Receives Speculative Buy Rating from Canaccord Genuity Group

Jubilee Metals Group (LON:JLP)‘s stock had its “speculative buy” rating reaffirmed by equities researchers at Canaccord Genuity Group in a note issued to investors on Wednesday, MarketBeat Ratings reports. They currently have a GBX 7 ($0.09) target price on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 102.31% from the stock’s previous close.

Separately, Royal Bank of Canada reduced their target price on Jubilee Metals Group from GBX 830 ($10.79) to GBX 770 ($10.01) and set an “outperform” rating for the company in a report on Tuesday, January 28th.

Jubilee Metals Group Stock Down 1.1 %

Jubilee Metals Group stock opened at GBX 3.46 ($0.04) on Wednesday. The company has a market capitalization of £104.28 million, a PE ratio of 16.59 and a beta of 1.47. The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 12.28. Jubilee Metals Group has a 12-month low of GBX 3.26 ($0.04) and a 12-month high of GBX 8.90 ($0.12). The firm’s fifty day moving average is GBX 3.84 and its 200 day moving average is GBX 4.38.

Jubilee Metals Group Company Profile

Jubilee Metals Group Plc (JLP) is an international and diversified metals producer listed on AIM and Alt-X. The company is focused on the treatment of both surface tailings materials and primary mineral ore generated from 3rd party mining operations. Led by an experienced team with the ability to design, build and execute environmentally conscious metals recovery solutions, Jubilee has a well-developed strategy to widen geographic and metals exposure driven by rising environmental obligations.

Jubilee Metals has an established multi project portfolio providing exposure to a broad commodity basket including Platinum Group Metals (‘PGMs’), chrome, copper, lead, zinc, vanadium and cobalt.