Jubilee Metals Group’s (JLP) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Jubilee Metals Group (LON:JLP) in a report released on Thursday morning, MarketBeat reports. The brokerage currently has a GBX 10 ($0.13) price objective on the stock.

Jubilee Metals Group Stock Down 1.4 %

JLP stock opened at GBX 4.88 ($0.06) on Thursday. The company has a market cap of £146.89 million, a price-to-earnings ratio of 580.00 and a beta of 1.47. The company has a fifty day moving average price of GBX 5.83 and a 200 day moving average price of GBX 6.55. The company has a debt-to-equity ratio of 10.94, a current ratio of 1.12 and a quick ratio of 1.15. Jubilee Metals Group has a 12 month low of GBX 4.60 ($0.06) and a 12 month high of GBX 8.90 ($0.12).

Insider Activity

In related news, insider Leon Coetzer acquired 625,000 shares of the firm’s stock in a transaction on Wednesday, July 24th. The stock was bought at an average cost of GBX 6 ($0.08) per share, with a total value of £37,500 ($49,537.65). Corporate 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.