Jubilee Metals Group PLC with ticker (LON:JLP) now has a potential upside of 42.7% according to Canaccord Genuity.
JLP.L
Canaccord Genuity set a target price of 10 GBX for the company, which when compared to the Jubilee Metals Group PLC share price of 7 GBX at opening today (01/07/2024) indicates a potential upside of 42.7%. Trading has ranged between 5 (52 week low) and 9 (52 week high) with an average of 4,405,293 shares exchanging hands daily. The market capitalisation at the time of writing is £209,667,834.
Jubilee Metals Group PLC is a United Kingdom-based diversified producer, specializing in the recovery of metal from previously overlooked resources, such as unprocessed historical waste rock, run-of-mine materials and tailings in South Africa and Zambia. The Company’s low-capex, modular processing facilities are deployed close to these various types of material, producing high grade concentrates for sale or further refining to finished metal at the Company’s downstream facilities. Its production consists of chrome, copper and platinum group metals (PGMs). The Company operates through three segments: Chrome and PGM, Copper, and Other. Its Chrome and PGM segment is engaged in the processing of PGM and chrome-containing materials. Its Copper segment processes copper units containing material. It has over eight individual chrome modules operating in South Africa with a capacity exceeding 1,450,000 tons per annum of chrome concentrate. Its copper projects include Project M and Project G.
Jubilee Metals Group PLC 42.7% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
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Latest Company News
Jubilee has called a General Meeting for 15 June 2026 to seek authority to allot shares and dis-apply pre-emption rights up to 7.5% of its issued share capital, supporting its Zambia copper strategy and Molefe region development.
Jubilee has secured a US$1.5 million unsecured convertible loan note to accelerate development of the greater Molefe region in Zambia, with discussions continuing over a potential further US$10 million investment.
Gold’s 2026 outlook remains focused on second-half demand, portfolio positioning and the balance between near-term risks and structural support.
Jubilee Metals is increasing copper output in Zambia as Roan ramps up and Molefe prepares to support larger-scale production.
Jubilee increased nine-month saleable copper production by 28.7% to 2,177 tonnes, with Roan output more than doubling and Molefe Mine expansion progressing ahead of further guidance.
Jubilee Metals is sharpening its focus on Zambia copper, with a targeted annual production level and a clearer portfolio direction that increases investor attention on execution and timing.
