Jubilee Metals Group’s (JLP) “Buy” Rating Reaffirmed At Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Jubilee Metals Group (LON:JLP – Get Rating) in a research note issued to investors on Monday morning, MarketBeat.com reports. They currently have a GBX 20 ($0.25) price target on the stock.
Jubilee Metals Group Stock Down 9.0 %
LON:JLP opened at GBX 7.19 ($0.09) on Monday. Jubilee Metals Group has a 12-month low of GBX 7.12 ($0.09) and a 12-month high of GBX 17.50 ($0.21). The company has a quick ratio of 1.15, a current ratio of 1.77 and a debt-to-equity ratio of 4.26. The firm has a market capitalization of £196.29 million, a P/E ratio of 722.50 and a beta of 1.52. The stock’s fifty day simple moving average is GBX 10.54 and its 200-day simple moving average is GBX 11.24.
In related news, insider Ollie Oliveira purchased 326,000 shares of Jubilee Metals Group stock in a transaction dated Thursday, February 16th. The shares were acquired at an average cost of GBX 9 ($0.11) per share, for a total transaction of £29,340 ($36,030.95). 31.63% of the stock is owned by corporate insiders.
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.