Canaccord Genuity Group Reiterates “Buy” Rating for Jubilee Metals Group (LON:JLP)

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating reissued by Canaccord Genuity Group in a research report issued on Friday, Marketbeat reports. They presently have a GBX 10 ($0.12) target price on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 51.52% from the stock’s previous close.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 9 ($0.11) price objective on shares of Jubilee Metals Group in a report on Thursday, April 18th.

Jubilee Metals Group Price Performance

Shares of LON:JLP opened at GBX 6.60 ($0.08) on Friday. The company has a debt-to-equity ratio of 10.94, a quick ratio of 1.15 and a current ratio of 1.12. The company has a market capitalization of £196.68 million, a PE ratio of 580.00 and a beta of 1.64. The stock has a fifty day moving average of GBX 6.02 and a 200-day moving average of GBX 5.80. Jubilee Metals Group has a one year low of GBX 4.60 ($0.06) and a one year high of GBX 9.50 ($0.12).

About Jubilee Metals Group

Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through PGM and Chrome, Copper and Cobalt, and Other segments. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, and osmium; and chrome, lead, zinc, vanadium, copper, and cobalt ores.