Jubilee Metals Group PLC with ticker (LON:JLP) now has a potential upside of 31.6% 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 (09/05/2024) indicates a potential upside of 31.6%. Trading has ranged between 5 (52 week low) and 9 (52 week high) with an average of 4,856,287 shares exchanging hands daily. The market capitalisation at the time of writing is £226,805,144.
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 31.6% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
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Latest Company News
Jubilee Metals has delivered a 65 % jump in copper output in its first quarter, signalling a clearer shift into Zambia‐based copper production.
Jubilee has issued its Q1 FY2026 operational update for its Zambia copper units, confirming higher production, stable power supply, and progress at both the Roan plant and Molefe mine.
Jubilee Metals is exiting South Africa’s chrome and PGM sector to focus fully on copper in Zambia, signalling a cleaner, more deliberate strategy.
Jubilee Metals has secured unconditional approval from the South African Competition Tribunal for the sale of its Chrome and PGM operations to One Chrome.
Copper’s recent rise isn’t just about sentiment, subtle shifts in physical demand and policy risk are shaping its medium‑term outlook.
Copper’s outlook is tightening behind the scenes, as weak demand meets shrinking supply and structural demand drivers stay firmly in place.
