Jubilee Metals Group (LON:JLP) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Jubilee Metals Group (LON:JLP) in a research report report published on Thursday morning, MarketBeat Ratings reports. The firm currently has a GBX 9 ($0.11) price objective on the stock.

Separately, Canaccord Genuity Group reiterated a buy rating and issued a GBX 10 ($0.12) target price on shares of Jubilee Metals Group in a research report on Monday, February 26th.

Jubilee Metals Group Price Performance

Shares of LON JLP opened at GBX 6.75 ($0.08) on Thursday. The firm has a 50-day simple moving average of GBX 5.84 and a 200-day simple moving average of GBX 5.82. The stock has a market capitalization of £201.15 million, a price-to-earnings ratio of 580.00 and a beta of 1.64. The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 10.94. Jubilee Metals Group has a 52 week low of GBX 4.60 ($0.06) and a 52 week high of GBX 9.68 ($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.