Jubilee Metals Group (LON:JLP) Given Buy Rating At Berenberg Bank

Jubilee Metals Group (LON:JLP – Get Rating)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a report released on Tuesday, Digital Look reports. They presently have a GBX 22 ($0.28) price objective on the stock. Berenberg Bank’s price target would indicate a potential upside of 46.11% from the stock’s current price.
Jubilee Metals Group stock opened at GBX 15.06 ($0.19) on Tuesday. The company has a market capitalization of £397.81 million and a P/E ratio of 12.55. Jubilee Metals Group has a twelve month low of GBX 13.30 ($0.17) and a twelve month high of GBX 22 ($0.28). The company has a quick ratio of 1.62, a current ratio of 2.00 and a debt-to-equity ratio of 7.00. The stock’s 50 day moving average is GBX 15.53 and its 200 day moving average is GBX 15.95.
About Jubilee Metals Group
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.