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

Canaccord Genuity Group reiterated their speculative buy rating on shares of Jubilee Metals Group (LON:JLP) in a research report sent to investors on Wednesday, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 7 ($0.09) price target on the stock.

Separately, Royal Bank of Canada lowered their price objective on Jubilee Metals Group from GBX 830 ($10.80) to GBX 770 ($10.02) and set an “outperform” rating for the company in a research report on Tuesday, January 28th.

Jubilee Metals Group Stock Performance

Shares of JLP opened at GBX 3.50 ($0.05) on Wednesday. The company has a 50 day simple moving average of GBX 3.84 and a two-hundred day simple moving average of GBX 4.37. The company has a debt-to-equity ratio of 12.28, a current ratio of 1.13 and a quick ratio of 1.15. Jubilee Metals Group has a 1 year low of GBX 3.26 ($0.04) and a 1 year high of GBX 8.90 ($0.12). The firm has a market cap of £105.49 million, a P/E ratio of 16.79 and a beta of 1.47.

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.