Jubilee Metals Group (LON:JLP) Reaches New 1-Year Low – Here’s What Happened

Jubilee Metals Group PLC (LON:JLP) reached a new 52-week low on Monday . The stock traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.35 ($0.04), with a volume of 12647431 shares trading hands. The stock had previously closed at GBX 3.80 ($0.05).

Wall Street Analyst Weigh In

A number of equities analysts have commented on JLP shares. Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 7 ($0.09) price target on shares of Jubilee Metals Group in a research report on Wednesday, March 19th. Royal Bank of Canada dropped their price objective on Jubilee Metals Group from GBX 830 ($10.73) to GBX 770 ($9.96) and set an “outperform” rating for the company in a report on Tuesday, January 28th.

Jubilee Metals Group Stock Performance

The stock has a 50-day moving average of GBX 3.80 and a 200-day moving average of GBX 4.28. The company has a debt-to-equity ratio of 12.28, a quick ratio of 1.15 and a current ratio of 1.13. The firm has a market cap of £100.96 million, a price-to-earnings ratio of 16.07 and a beta of 1.47.

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.