Jubilee Metals Group (LON:JLP) Stock Price Up 8.4% - Still a Buy?

Jubilee Metals Group PLC (LON:JLP - Get Free Report)'s stock price traded up 8.4% on Wednesday . The stock traded as high as GBX 3.40 ($0.05) and last traded at GBX 3.36 ($0.04). 3,436,701 shares traded hands during trading, a decline of 43% from the average session volume of 5,990,985 shares. The stock had previously closed at GBX 3.10 ($0.04).

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 7 ($0.09) price target on shares of Jubilee Metals Group in a report on Tuesday, April 1st. Royal Bank of Canada dropped their price target on Jubilee Metals Group from GBX 830 ($11.04) to GBX 770 ($10.24) and set an "outperform" rating for the company in a research report on Tuesday, January 28th.

Jubilee Metals Group Stock Performance

The stock has a market cap of £94.94 million, a price-to-earnings ratio of 15.11 and a beta of 1.47. The company has a debt-to-equity ratio of 12.28, a current ratio of 1.13 and a quick ratio of 1.15. The stock's 50-day moving average is GBX 3.41 and its 200-day moving average is GBX 4.05.

About Jubilee Metals Group

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.