Jubilee Metals Group's (JLP) Speculative Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reissued their speculative buy rating on shares of Jubilee Metals Group (LON:JLP - Free Report) in a research report report published on Wednesday, Marketbeat reports. The brokerage currently has a GBX 7 ($0.09) price objective on the stock.

Separately, Royal Bank of Canada decreased their price objective on Jubilee Metals Group from GBX 830 ($10.72) to GBX 770 ($9.94) and set an "outperform" rating on the stock in a research note on Tuesday, January 28th.

Jubilee Metals Group Stock Performance

Shares of LON:JLP traded up GBX 0.02 ($0.00) during midday trading on Wednesday, hitting GBX 3.62 ($0.05). The company had a trading volume of 4,785,869 shares, compared to its average volume of 5,329,378. The company has a market cap of £109.04 million, a price-to-earnings ratio of 17.35 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 company has a fifty day moving average of GBX 3.85 and a two-hundred day moving average of GBX 4.34. Jubilee Metals Group has a 12-month low of GBX 3.26 ($0.04) and a 12-month high of GBX 8.90 ($0.11).

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.