Jubilee Metals Group PLC with ticker (LON:JLP) now has a potential upside of 150.0% according to Canaccord Genuity.
Canaccord Genuity set a target price of 13 GBX for the company, which when compared to the Jubilee Metals Group PLC share price of 5 GBX at opening today (09/11/2023) indicates a potential upside of 150.0%. Trading has ranged between 5 (52 week low) and 14 (52 week high) with an average of 2,493,870 shares exchanging hands daily. The market capitalisation at the time of writing is £138,275,469.
Jubilee Metals Group PLC is a United Kingdom-based diversified metal recovery company with a portfolio of projects in South Africa and Zambia. The Company’s segments include PGM and Chrome, Copper and Cobalt and Other. PGM and Chrome segment is engaged in the processing of platinum group metal (PGM) and chrome containing materials. Copper and Cobalt segment is engaged in the processing of copper and cobalt containing materials. It focuses on the retreatment and metals recovery from mine tailings, waste, slag, slurry, and other secondary materials generated from mining operations. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a commodity basket, including PGMs, chrome, lead, zinc, vanadium, copper, and cobalt. Its PGM processing operations are centered on the Inyoni PGM Processing Plant in South Africa. The Company’s operations span five countries, including South Africa, Australia, Mauritius, Zambia, and the United Kingdom.
Jubilee Metals Group PLC 150.0% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
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Jubilee Metals Group Plc (LON:JLP) is nearing the completion of high-grade copper ore trials at its Roan Concentrator, aiming to boost copper production significantly.
Jubilee Metals Group reports impressive Q3 FY2025 results, showcasing substantial growth in chrome and PGM production in South Africa.
Jubilee Metals Group announces leadership changes as Ollie Oliveira retires as chairperson, with Dr. Mathews Phosa stepping in, ensuring continuity in governance.
Jubilee Metals Group plc has secured a joint partnership to process surplus PGM material from its record chrome production, enhancing operational efficiency and growth.
Jubilee Metals Group plc has made significant strides in its Large Waste Project transaction, securing exclusive rights for US$18 million and eyeing major growth in Zambia's copper sector.
Jubilee Metals Group plc has released its interim financial report for H1 FY2025, showcasing significant growth in revenue and operations across Africa's metal sector.
