Jubilee Metals Group (LON:JLP) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Jubilee Metals Group (LON:JLP) in a research report report published on Thursday morning, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 10 ($0.13) target price on the stock.

Jubilee Metals Group Trading Down 1.0 %

LON:JLP opened at GBX 4.90 ($0.06) on Thursday. The firm has a market capitalization of £147.52 million, a P/E ratio of 580.00 and a beta of 1.47. Jubilee Metals Group has a 52 week low of GBX 4.60 ($0.06) and a 52 week high of GBX 8.90 ($0.12). The company has a quick ratio of 1.15, a current ratio of 1.12 and a debt-to-equity ratio of 10.94. The company has a fifty day moving average of GBX 5.91 and a 200 day moving average of GBX 6.56.

Insider Transactions at Jubilee Metals Group

In other Jubilee Metals Group news, insider Leon Coetzer purchased 625,000 shares of Jubilee Metals Group stock in a transaction that occurred on Wednesday, July 24th. The shares were bought at an average price of GBX 6 ($0.08) per share, for a total transaction of £37,500 ($49,537.65). 29.99% of the stock is currently owned by company insiders.

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.