Jubilee Metals Group PLC with ticker (LON:JLP) now has a potential upside of 25.6% according to Canaccord Genuity.
Canaccord Genuity set a target price of 10 GBX for the company, which when compared to the Jubilee Metals Group PLC share price of 8 GBX at opening today (17/05/2024) indicates a potential upside of 25.6%. Trading has ranged between 5 (52 week low) and 9 (52 week high) with an average of 4,799,265 shares exchanging hands daily. The market capitalisation at the time of writing is £242,557,984.
Jubilee Metals Group PLC is a United Kingdom-based diversified company, which is engaged in metals processing with operations in Africa. The Company operates through three segments: PGM and Chrome, Copper and Cobalt, and Other. PGM and Chrome segment is engaged in the processing of PGM and chrome containing materials. Copper and Cobalt segment is engaged in the processing of Copper and Cobalt containing materials. Other segment is engaged in administrative and corporate expenses. It has eight individual chrome modules operating in South Africa with a chrome capacity exceeding 1,450,000 tons per annum of chrome concentrate. Its Platinum Group Metals (PGM) operations offer exposure to a full PGM basket of metals, which includes platinum, palladium and rhodium. It is focused on copper operations in Zambia, where there is a supply of on-surface copper waste material and a junior mining sector with limited processing facilities.
Jubilee Metals Group PLC 25.6% 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.
