Jubilee Metals Group (LON:JLP – Get Free Report) had its price target decreased by equities researchers at Berenberg Bank from GBX 10 ($0.13) to GBX 9 ($0.11) in a research note issued on Wednesday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 80.00% from the company’s current price.
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 10 ($0.13) price target on shares of Jubilee Metals Group in a research report on Monday.
Jubilee Metals Group Price Performance
Shares of LON:JLP opened at GBX 5 ($0.06) on Wednesday. Jubilee Metals Group has a fifty-two week low of GBX 4.60 ($0.06) and a fifty-two week high of GBX 9.80 ($0.12). The business has a 50-day moving average of GBX 5.76 and a two-hundred day moving average of GBX 6.07. The stock has a market capitalization of £148.50 million, a P/E ratio of 580.00 and a beta of 1.65. The company has a debt-to-equity ratio of 6.94, a current ratio of 1.26 and a quick ratio of 1.15.
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.
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