Shares of Jubilee Metals Group PLC (LON:JLP - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 3.28 ($0.04) and traded as high as GBX 3.40 ($0.05). Jubilee Metals Group shares last traded at GBX 3.30 ($0.04), with a volume of 9,706,228 shares traded.
Analysts Set New Price Targets
A number of research firms have recently commented on JLP. Royal Bank of Canada lowered their target price on Jubilee Metals Group from GBX 830 ($11.04) to GBX 770 ($10.24) and set an "outperform" rating for the company in a research note on Tuesday, January 28th. Canaccord Genuity Group restated a "buy" rating and set a GBX 7 ($0.09) target price on shares of Jubilee Metals Group in a report on Tuesday, April 1st.
Check Out Our Latest Report on JLP
Jubilee Metals Group Price Performance
The firm has a fifty day moving average price of GBX 3.28 and a two-hundred day moving average price of GBX 3.92. The company has a quick ratio of 1.15, a current ratio of 1.13 and a debt-to-equity ratio of 12.28. The stock has a market capitalization of £99.46 million, a P/E ratio of 15.83 and a beta of 1.47.
About Jubilee Metals Group
(
Get Free Report)
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.
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