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

Jubilee Metals Group (LON:JLP – Get Rating)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a report issued on Monday, LSE.Co.UK reports. They presently have a GBX 22 ($0.27) price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 43.79% from the company’s previous close.
JLP stock opened at GBX 15.30 ($0.19) on Monday. The stock has a market capitalization of £404.23 million and a price-to-earnings ratio of 12.75. The company has a 50-day moving average of GBX 15.35 and a two-hundred day moving average of GBX 15.82. Jubilee Metals Group has a 52-week low of GBX 13.30 ($0.16) and a 52-week high of GBX 21.20 ($0.26). The company has a debt-to-equity ratio of 7.00, a current ratio of 2.00 and a quick ratio of 1.62.
Jubilee Metals Group Company Profile
Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through four segments: Metals Processing, Business Development, Exploration, and Corporate. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, osmium, and gold; and chrome, lead, zinc, vanadium, copper, and cobalt ores.