Berenberg Bank Reiterates Buy Rating for Jubilee Metals Group

Jubilee Metals Group (LON:JLP – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a research note issued to investors on Thursday, MarketBeat reports. They currently have a GBX 17 ($0.22) target price on the stock. Berenberg Bank’s price target points to a potential upside of 126.67% from the company’s current price.

Jubilee Metals Group Price Performance
JLP opened at GBX 7.50 ($0.10) on Thursday. Jubilee Metals Group has a twelve month low of GBX 7 ($0.09) and a twelve month high of GBX 15.08 ($0.20). The stock has a market capitalization of £205.50 million, a price-to-earnings ratio of 750.00 and a beta of 1.58. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 7.82. The firm has a 50 day moving average price of GBX 7.90 and a 200-day moving average price of GBX 9.09.
Jubilee Metals Group Company Profile
Jubilee Metals Group plc operates as a diversified metals 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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