Jubilee Metals Group (LON:JLP) Rating Reiterated by Canaccord Genuity Group

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group in a report issued on Thursday, Marketbeat reports. They presently have a GBX 10 ($0.13) target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 104.92% from the company’s previous close.

Jubilee Metals Group Trading Down 1.4 %

LON JLP opened at GBX 4.88 ($0.06) on Thursday. Jubilee Metals Group has a 1 year low of GBX 4.60 ($0.06) and a 1 year high of GBX 8.90 ($0.12). The company has a debt-to-equity ratio of 10.94, a current ratio of 1.12 and a quick ratio of 1.15. The company has a market capitalization of £146.89 million, a PE ratio of 580.00 and a beta of 1.47. The company has a fifty day moving average of GBX 5.87 and a 200 day moving average of GBX 6.56.

Insiders Place Their Bets

In other news, insider Leon Coetzer bought 625,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 24th. The stock was purchased at an average cost of GBX 6 ($0.08) per share, for a total transaction of £37,500 ($49,537.65). Insiders own 29.99% of the company’s stock.

Jubilee Metals Group Company Profile

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.