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Jubilee Metals Secures High-Grade Copper Feed and Advances Large Waste Project

Story Highlights
  • Jubilee secured more high-grade copper feed for Roan, paying in shares and nearing completion of a dewatering upgrade to boost recoveries and profitability.
  • At its Large Waste Project, sellers chose shares over cash as Jubilee advances JV talks to monetise a 240Mt stockpile into copper units and cathode, despite added dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jubilee Metals Secures High-Grade Copper Feed and Advances Large Waste Project

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An announcement from Jubilee Metals Group ( (GB:JLP) ) is now available.

Jubilee Metals Group has secured additional high-grade copper ore grading about 1.65% Cu for its Roan concentrator, with the US$1.8 million payment to the supplier settled in new shares at a premium to the recent market price. The Roan plant is also nearing completion of an expanded concentrate dewatering system, expected to be commissioned by the end of March 2026, which should support improved recoveries and profitability.

The company reports further progress at its Large Waste Project, where sellers have opted to receive a US$2.6 million stage payment in Jubilee shares, leaving about US$5.4 million of consideration outstanding. Jubilee is advancing joint venture talks with two Zambia-based operators to upgrade and refine the 240Mt waste stockpile into copper units and cathode, while share-based payments and prior trial sales underscore confidence in the project’s long-term value and revenue potential despite resulting equity dilution.

The most recent analyst rating on (GB:JLP) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Jubilee Metals Group stock, see the GB:JLP Stock Forecast page.

Spark’s Take on GB:JLP Stock

According to Spark, TipRanks’ AI Analyst, GB:JLP is a Neutral.

The score is held down primarily by the sharp deterioration in financial performance (revenue collapse, negative margins, and a large net loss), partially offset by moderate leverage and still-positive operating cash flow. Technicals are moderately supportive (price above key moving averages with neutral momentum), while valuation cannot be meaningfully assessed due to missing P/E and dividend yield.

To see Spark’s full report on GB:JLP stock, click here.

More about Jubilee Metals Group

Jubilee Metals Group is a Zambia-focused copper producer listed on AIM and the JSE, specialising in processing run-of-mine ore and large waste rock stockpiles to recover copper. The company targets value creation through upgrading and refining surface resources, supported by partnerships with local operators and modular processing solutions designed to unlock long-term, scalable copper production.

Average Trading Volume: 9,376,918

Technical Sentiment Signal: Hold

Current Market Cap: £121.3M

See more data about JLP stock on TipRanks’ Stock Analysis page.

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