Jubilee Metals Group (LON:JLP) Price Target Cut to GBX 770 by Analysts at Royal Bank of Canada

Jubilee Metals Group (LON:JLP) had its price target cut by investment analysts at Royal Bank of Canada from GBX 830 ($10.33) to GBX 770 ($9.58) in a report issued on Tuesday,Digital Look reports. The brokerage currently has an “outperform” rating on the stock.

Jubilee Metals Group Trading Down 3.5 %

Shares of JLP traded down GBX 0.15 ($0.00) during mid-day trading on Tuesday, reaching GBX 4.15 ($0.05). The company had a trading volume of 6,418,122 shares, compared to its average volume of 5,143,688. 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 firm has a fifty day simple moving average of GBX 4.28 and a 200-day simple moving average of GBX 5.02. The stock has a market cap of £124.92 million, a price-to-earnings ratio of 580.00 and a beta of 1.47. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.06.

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.