Berenberg Bank reaffirmed their buy rating on shares of Jubilee Metals Group (LON:JLP – Get Rating) in a research report released on Monday, Marketbeat Ratings reports. The firm currently has a GBX 20 ($0.24) target price on the stock.

Jubilee Metals Group Trading Down 1.5 %

Shares of JLP stock opened at GBX 12.90 ($0.16) on Monday. The company has a debt-to-equity ratio of 7.00, a quick ratio of 1.62 and a current ratio of 2.00. Jubilee Metals Group has a 1 year low of GBX 11.50 ($0.14) and a 1 year high of GBX 19.98 ($0.24). The stock has a fifty day moving average of GBX 13.93 and a two-hundred day moving average of GBX 14.84. The firm has a market capitalization of £344.65 million and a PE ratio of 1,298.00.

Insider Transactions at Jubilee Metals Group

In related news, insider Mathews Phosa sold 1,500,000 shares of the company's 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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