Beaufort Securities Reiterates “Speculative Buy” Rating for Jubilee Platinum PLC (JLP)
Jubilee Platinum PLC (LON:JLP)‘s stock had its “speculative buy” rating reissued by equities researchers at Beaufort Securities in a research report issued to clients and investors on Wednesday.
Shares of Jubilee Platinum PLC (JLP) traded down 1.25% during trading on Wednesday, hitting GBX 3.95. 12,143,514 shares of the company traded hands. The stock’s market cap is GBX 41.57 million. Jubilee Platinum PLC has a one year low of GBX 3.26 and a one year high of GBX 7.50. The firm has a 50 day moving average price of GBX 3.93 and a 200-day moving average price of GBX 4.46.
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In other news, insider Colin Bird bought 1,250,000 shares of the firm’s stock in a transaction on Thursday, June 22nd. The stock was bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £50,000 ($64,574.45).
About Jubilee Platinum PLC
Jubilee Platinum Plc is a mining-exploration-to-metal development company focused on platinum group elements (PGE) and nickel. The Company is engaged in exploration and exploitation of natural resources. The Company’s segments are PGE beneficiation and development, nickel tailings, exploration and mining, and other operations.
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