Royal Bank of Canada Has Lowered Expectations for Jubilee Metals Group (LON:JLP) Stock Price

Jubilee Metals Group (LON:JLP) had its price target decreased by Royal Bank of Canada from GBX 830 ($10.33) to GBX 770 ($9.59) in a research report issued on Tuesday, Marketbeat reports. The brokerage currently has an “outperform” rating on the stock.

Jubilee Metals Group Stock Up 3.6 %

Jubilee Metals Group stock opened at GBX 4.30 ($0.05) on Tuesday. The company has a debt-to-equity ratio of 12.06, a current ratio of 1.13 and a quick ratio of 1.15. Jubilee Metals Group has a 1-year low of GBX 3.26 ($0.04) and a 1-year high of GBX 8.90 ($0.11). The company has a market cap of £129.43 million, a PE ratio of 580.00 and a beta of 1.47. The stock’s 50 day moving average price is GBX 4.23 and its 200 day moving average price is GBX 4.98.

Jubilee Metals Group Company Profile

Jubilee Metals Group Plc (JLP) is an international and diversified metals producer listed on AIM and Alt-X. The company is focused on the treatment of both surface tailings materials and primary mineral ore generated from 3rd party mining operations. Led by an experienced team with the ability to design, build and execute environmentally conscious metals recovery solutions, Jubilee has a well-developed strategy to widen geographic and metals exposure driven by rising environmental obligations.

Jubilee Metals has an established multi project portfolio providing exposure to a broad commodity basket including Platinum Group Metals (‘PGMs’), chrome, copper, lead, zinc, vanadium and cobalt.