Jubilee Metals Group (LON:JLP – Get Rating)'s stock had its "buy" rating reaffirmed by investment analysts at Berenberg Bank in a note issued to investors on Wednesday, Marketbeat.com reports. They presently have a GBX 20 ($0.24) price objective on the stock. Berenberg Bank's price objective suggests a potential upside of 35.36% from the company's current price.

Jubilee Metals Group Stock Performance

JLP stock opened at GBX 14.78 ($0.18) on Wednesday. The company has a market cap of £392.80 million and a P/E ratio of 1,450.00. Jubilee Metals Group has a 1 year low of GBX 13 ($0.16) and a 1 year high of GBX 19.98 ($0.24). The company has a debt-to-equity ratio of 7.00, a current ratio of 2.00 and a quick ratio of 1.62. The stock's fifty day moving average price is GBX 14.28 and its 200-day moving average price is GBX 15.06.

Insider Activity at Jubilee Metals Group

In related news, insider Mathews Phosa sold 1,500,000 shares of Jubilee Metals Group stock in a transaction on Thursday, June 9th. The stock was sold at an average price of GBX 15 ($0.18), for a total transaction of £225,000 ($271,870.47).

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.

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