Jubilee Metals Group PLC with ticker (LON:JLP) now has a potential upside of 88.7% 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 5 GBX at opening today (06/09/2024) indicates a potential upside of 88.7%. Trading has ranged between 5 (52 week low) and 9 (52 week high) with an average of 3,558,944 shares exchanging hands daily. The market capitalisation at the time of writing is £160,802,700.
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 88.7% 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.
