Jubilee Metals Group PLC with ticker (LON:JLP) now has a potential upside of 58.3% according to Berenberg Bank.
Berenberg Bank set a target price of 20 GBX for the company, which when compared to the Jubilee Metals Group PLC share price of 8 GBX at opening today (23/03/2023) indicates a potential upside of 58.3%. Trading has ranged between 7 (52 week low) and 18 (52 week high) with an average of 7,217,361 shares exchanging hands daily. The market capitalisation at the time of writing is £233,463,739.
Jubilee Metals Group Plc is a United Kingdom-based diversified metals processing and recovery company. The Company is operating projects that are processing chrome, platinum group metals, copper, lead zinc and vanadium. The Company’s segments include Metals Processing, Business Development and Exploration. The Metals Processing segment is engaged in the processing of PGM, chrome and copper-containing materials. The Business Development segment is a combination of process consulting and development that is focused on the development and implementation of process solutions, specifically targeting both liquid and solid waste streams from mine processes. The Business Development includes pilot operations as part of the process development cycle to provide solutions, which include extractive-metallurgy, pyro-metallurgy and hydrometallurgy. The Company’s operations span approximately five countries, South Africa, Australia, Mauritius, Zambia and the United Kingdom.
Jubilee Metals Group PLC 58.3% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
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Jubilee Metals delivered exceptional safety and production results in South Africa, reducing its injury rate to 1.33 while boosting chrome concentrate output 19.9% to 505 578 t and annual chrome production 24.8% to 1 932 798 t. PGM output rose 14.6% to 8 973 oz in Q4 and 6% to 38 579 oz for the year, beating guidance. The company targets 1.65–1.80 Mt of chrome and 36 000–40 000 oz of PGM for FY2026.
Jubilee has appointed Shard Capital Partners LLP as joint broker alongside Zeus Capital, replacing RBC Capital Markets, and expects to publish a circular detailing the proposed disposal and General Meeting notice in the last week of July 2025
Jubilee Metals Group Plc announces a conditional offer for its chrome and PGM operations in South Africa, focusing on growth in Zambia's copper market.
Jubilee Metals Group has achieved a major milestone with successful copper processing trials in Zambia, enhancing its copper production strategy and capabilities.
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.
