Jubilee Metals Group’s (JLP) “Buy” Rating Reaffirmed at Canaccord Genuity Group

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

Jubilee Metals Group Trading Down 1.4 %

Shares of Jubilee Metals Group stock opened at GBX 4.88 ($0.06) on Thursday. The company has a 50-day moving average of GBX 5.83 and a two-hundred day moving average of GBX 6.55. The stock has a market cap of £146.89 million, a PE ratio of 580.00 and a beta of 1.47. The company has a current ratio of 1.12, a quick ratio of 1.15 and a debt-to-equity ratio of 10.94. Jubilee Metals Group has a 12-month low of GBX 4.60 ($0.06) and a 12-month high of GBX 8.90 ($0.12).

Insider Buying and Selling

In other Jubilee Metals Group news, insider Leon Coetzer acquired 625,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 24th. The shares were acquired at an average cost 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 insiders.

About Jubilee Metals Group

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.