Jubilee Metals Group's (JLP) "Speculative Buy" Rating Reiterated 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 note published on Wednesday morning, MarketBeat.com reports. The firm currently has a GBX 7 ($0.09) price target on the stock.

Separately, Royal Bank of Canada reduced their target price on Jubilee Metals Group from GBX 830 ($10.72) to GBX 770 ($9.94) and set an "outperform" rating for the company in a report on Tuesday, January 28th.

Jubilee Metals Group Price Performance

Shares of LON:JLP traded up GBX 0.02 ($0.00) on Wednesday, reaching GBX 3.62 ($0.05). 4,785,869 shares of the company traded hands, compared to its average volume of 5,329,378. Jubilee Metals Group has a fifty-two week low of GBX 3.26 ($0.04) and a fifty-two week high of GBX 8.90 ($0.11). The company's 50 day moving average is GBX 3.85 and its 200-day moving average is GBX 4.33. The stock has a market capitalization of £109.04 million, a PE 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.

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.