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

Jubilee Metals Group (LON:JLP)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity Group in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 7 ($0.09) target price on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 128.01% from the company’s previous close.

Separately, Royal Bank of Canada reduced their price target on Jubilee Metals Group from GBX 830 ($10.72) to GBX 770 ($9.95) and set an “outperform” rating for the company in a report on Tuesday, January 28th.

Jubilee Metals Group Stock Down 8.4 %

Shares of JLP stock traded down GBX 0.28 ($0.00) during trading hours on Tuesday, reaching GBX 3.07 ($0.04). The company had a trading volume of 20,909,410 shares, compared to its average volume of 5,706,431. The company has a market capitalization of £92.53 million, a P/E ratio of 14.72 and a beta of 1.47. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13. Jubilee Metals Group has a twelve month low of GBX 3 ($0.04) and a twelve month high of GBX 8.90 ($0.11). The stock’s fifty day simple moving average is GBX 3.78 and its 200 day simple moving average is GBX 4.27.

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.