Jubilee Metals Group (LON:JLP) Stock Price Up 3.2% – Still a Buy?

Posted by Amy Steele on Dec 14th, 2024

Shares of Jubilee Metals Group PLC (LON:JLP – Get Free Report) traded up 3.2% on Friday . The company traded as high as GBX 4.80 ($0.06) and last traded at GBX 4.80 ($0.06). 1,313,886 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 5,323,284 shares. The stock had previously closed at GBX 4.65 ($0.06).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 10 ($0.13) price objective on shares of Jubilee Metals Group in a research note on Thursday, September 19th.

Read Our Latest Analysis on JLP

Jubilee Metals Group Price Performance

The firm has a market capitalization of £144.48 million, a PE ratio of 580.00 and a beta of 1.47. The firm’s fifty day moving average price is GBX 4.75 and its 200 day moving average price is GBX 5.77. The company has a current ratio of 1.13, a quick ratio of 1.15 and a debt-to-equity ratio of 12.06.

Jubilee Metals Group Company Profile

(Get Free Report)

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.