Berenberg Bank Reiterates Buy Rating For Jubilee Metals Group

Jubilee Metals Group (LON:JLP – Get Rating)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research note issued to investors on Monday, Digital Look reports. They presently have a GBX 22 ($0.28) price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 46.86% from the stock’s current price.
Jubilee Metals Group stock opened at GBX 14.98 ($0.19) on Monday. The firm’s 50 day moving average price is GBX 15.34 and its two-hundred day moving average price is GBX 15.73. Jubilee Metals Group has a twelve month low of GBX 13.30 ($0.17) and a twelve month high of GBX 21.20 ($0.27). The firm has a market cap of £395.78 million and a PE ratio of 12.48. The company has a debt-to-equity ratio of 7.00, a quick ratio of 1.62 and a current ratio of 2.00.
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.