Jubilee Metals Group (LON:JLP) Earns "Buy" Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Jubilee Metals Group (LON:JLP - Free Report) in a report released on Tuesday morning, Marketbeat.com reports. They currently have a GBX 7 ($0.09) target price on the stock.

Separately, Royal Bank of Canada lowered their price objective on Jubilee Metals Group from GBX 830 ($10.70) to GBX 770 ($9.93) and set an "outperform" rating for the company in a research report on Tuesday, January 28th.

Jubilee Metals Group Stock Down 3.6 %

LON:JLP traded down GBX 0.11 ($0.00) during midday trading on Tuesday, reaching GBX 2.99 ($0.04). 9,910,877 shares of the stock traded hands, compared to its average volume of 5,855,066. The business has a 50-day moving average of GBX 3.66 and a two-hundred day moving average of GBX 4.21. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13. Jubilee Metals Group has a 12-month low of GBX 2.80 ($0.04) and a 12-month high of GBX 8.90 ($0.11). The stock has a market capitalization of £90.08 million, a PE ratio of 14.34 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.