Jubilee Metals Group (GB:JLP)
LSE:JLP
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Jubilee Metals Group
(LSE:JLP)
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Select Model
Rating:45Neutral
Price Target:
3.50 p
â–²(15.89% Upside)
Action:ReiteratedDate:03/20/26
The score is primarily weighed down by the sharp deterioration in recent financial performance (revenue collapse, negative profitability, and negative free cash flow). Technical indicators also remain bearish with the stock trading below key moving averages and negative MACD, despite oversold readings. Valuation offers limited support because the negative P/E reflects ongoing losses and no dividend yield is available.
Positive Factors
Specialized secondary-resource processing model
Jubilee's core model of reprocessing tailings and secondary feed is structurally durable: lower capital intensity than greenfield mining, access to existing mineral inventory can sustain steady throughput, and growing emphasis on resource efficiency supports long-term feed availability and strategic partnerships.
Negative Factors
Sharp revenue and profitability collapse
A collapse from ~205m to ~11.7m revenue and a deep net loss materially erode operating scale and fixed-cost coverage. Loss of scale weakens pricing leverage and increases per-unit costs, making margins fragile and raising execution risk for plants and contracts over the coming months absent sustained recovery in volumes or realized metal prices.
Read all positive and negative factors
Positive Factors
Negative Factors
Specialized secondary-resource processing model
Jubilee's core model of reprocessing tailings and secondary feed is structurally durable: lower capital intensity than greenfield mining, access to existing mineral inventory can sustain steady throughput, and growing emphasis on resource efficiency supports long-term feed availability and strategic partnerships.
Read all positive factors
Jubilee Metals Group (JLP) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£106.37M
Dividend YieldN/A
Average Volume (3M)13.74M
Price to Earnings (P/E)―
Beta (1Y)1.59
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees885
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding3,223,301,300
10 Day Avg. Volume3,438,850
30 Day Avg. Volume13,737,737
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.44
Price to Sales (P/S)8.92
P/FCF Ratio-10.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Jubilee Metals Group Business Overview & Revenue Model
Company Description
Jubilee Metals Group (JLP) is a diversified metal recovery business focused on the extraction of metals from mine tailings, waste, slag, and other secondary materials. Operating primarily in South Africa and Zambia, the company leverages its exper...
How the Company Makes Money
Jubilee Metals Group makes money by processing metal-bearing materials (notably tailings, waste rock, and other secondary feed sources) to recover and produce saleable metal products, then selling those metal products into relevant commodity marke...
Jubilee Metals Group Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
64
Positive
Cash Flow
43
Neutral
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 11.73M | 205.40M | 141.93M | 140.01M | 132.85M |
| Gross Profit | -3.64M | 35.98M | 31.39M | 45.34M | 69.31M |
| EBITDA | -6.89M | 29.72M | 26.40M | 38.18M | 48.61M |
| Net Income | -23.44M | 4.73M | 12.91M | 18.04M | 39.60M |
Balance Sheet | |||||
| Total Assets | 409.38M | 413.96M | 300.14M | 293.62M | 194.67M |
| Cash, Cash Equivalents and Short-Term Investments | 4.56M | 19.32M | 12.60M | 16.72M | 19.64M |
| Total Debt | 54.13M | 31.25M | 14.20M | 8.83M | 9.34M |
| Total Liabilities | 164.91M | 155.00M | 95.48M | 86.07M | 58.12M |
| Stockholders Equity | 239.33M | 254.47M | 201.45M | 203.85M | 133.38M |
Cash Flow | |||||
| Free Cash Flow | -9.90M | -21.23M | -11.91M | -21.11M | 3.98M |
| Operating Cash Flow | 9.28M | 17.63M | 31.01M | 31.01M | 23.79M |
| Investing Cash Flow | -24.59M | -39.88M | -43.88M | -64.62M | -19.82M |
| Financing Cash Flow | -6.69M | 25.84M | 9.97M | 28.18M | 1.12M |
Jubilee Metals Group Technical Analysis
Negative
3.02
Price Trends
4.00
Negative
3.69
Negative
3.40
Negative
Market Momentum
-0.21
Negative
43.61
Neutral
37.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JLP, the sentiment is Negative. The current price of 3.02 is below the 20-day moving average (MA) of 3.38, below the 50-day MA of 4.00, and below the 200-day MA of 3.40, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 43.61 is Neutral, neither overbought nor oversold. The STOCH value of 37.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:JLP.
Jubilee Metals Group Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | £148.18M | ― | -9.67% | ― | ― | 28.30% | |
51 Neutral | £49.21M | -6.86 | -481.24% | ― | ― | ― | |
46 Neutral | £117.82M | -19.26 | -17.14% | ― | ― | 54.72% | |
45 Neutral | £106.37M | ― | -11.14% | ― | ― | ― | |
44 Neutral | £67.73M | -15.47 | -6.85% | ― | ― | ― | |
41 Neutral | £71.31M | -42.09 | -21.41% | ― | ― | -133.33% |
* Basic Materials Sector Average
GB:JLP
Jubilee Metals Group
3.30
0.35
11.86%
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Jubilee Metals Group Corporate Events
Business Operations and Strategy
Jubilee Metals Extends High-Grade Copper Zone at Molefe Mine in Zambia
Positive
Mar 25, 2026
Jubilee Metals Group has reported that Phase 1 infill drilling at its open-pit Molefe copper mine in Zambia has confirmed the continuity of shallow copper oxide mineralisation and ore grades in line with its expansion mine plan. The results unders...
Business Operations and StrategyRegulatory Filings and Compliance
Jubilee Metals delays Molefe copper drilling results pending regulatory sign-off
Negative
Mar 24, 2026
Jubilee Metals Group has delayed the publication of Phase 1 drilling results from its Molefe copper mine in Zambia, which had been scheduled for 24 March 2026, due to the pending formal sign-off by a Competent Person required under AIM rules. The ...
Business Operations and StrategyStock BuybackDividendsShareholder Meetings
Jubilee Metals Plans Share Premium Cut to Unlock Distributable Reserves
Positive
Mar 23, 2026
Jubilee Metals Group plans to reduce its share premium account to create distributable reserves, aiming to enhance its capacity for future dividends, share buybacks and other corporate purposes without altering the number or rights of existing ord...
Business Operations and StrategyShareholder Meetings
Jubilee Metals Plans Share Premium Cut to Boost Capital Flexibility
Positive
Mar 23, 2026
Jubilee Metals Group plans to reduce its share premium account to create distributable reserves, enabling future dividends, potential share buybacks and other corporate uses without affecting the number or rights of existing ordinary shares. The m...
Business Operations and StrategyPrivate Placements and Financing
Jubilee Metals Secures High-Grade Copper Feed and Advances Large Waste Project
Positive
Mar 12, 2026
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 al...
Business Operations and StrategyExecutive/Board ChangesStock BuybackDividendsFinancial DisclosuresM&A Transactions
Jubilee Metals pivots to Zambia copper, plans capital reduction to enable shareholder returns
Positive
Feb 27, 2026
Jubilee Metals Group has completed the sale of its South African chrome and PGM operations and is now concentrating on its Zambian copper business, prompting a planned shift in board composition toward directors with Zambia, copper and AIM market ...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Jubilee Metals ramps up Zambian copper output and advances three-pillar growth plan
Positive
Feb 19, 2026
Jubilee Metals Group reported strong copper growth in the first half of FY2026, as its Zambia-focused operations ramped up despite heavy rains and infrastructure damage. Roan reached its targeted 30,000 tonnes per month feed rate and lifted copper...
Executive/Board Changes
Jubilee Metals Director Nicholas Taylor Steps Down with Immediate Effect
Neutral
Jan 23, 2026
Jubilee Metals Group has announced the immediate resignation of non-executive director Nicholas Taylor, who has served on the board since 2020. Taylor held key governance roles as chair of the Audit and Risk Committee, a member of the Remuneration...
Business Operations and StrategyShareholder Meetings
Jubilee Metals Wins Shareholder Backing at Annual General Meeting
Positive
Jan 14, 2026
Jubilee Metals Group announced that at its Annual General Meeting held on 14 January 2026, all proposed resolutions were approved by the requisite majority of shareholders, with the exception of Resolution 4, which was withdrawn prior to the vote....
Business Operations and StrategyFinancial DisclosuresM&A TransactionsShareholder Meetings
Jubilee Metals Receives US$10m Instalment From South African Asset Sale
Positive
Jan 6, 2026
Jubilee Metals Group has received a second US$10 million cash instalment from Chrome One after completing the sale of its South African Chrome and PGM operations, strengthening its balance sheet as it pivots towards its Zambia-focused copper busin...
Business Operations and StrategyM&A Transactions
Jubilee Metals Completes Sale of South African Chrome and PGM Assets to Focus on Zambian Copper
Positive
Jan 2, 2026
Jubilee Metals Group has completed the sale of its South African chrome and PGM operations to One Chrome (Pty) Ltd, confirming that all conditions have been met and that the second cash instalment of US$10 million is expected shortly. With the dis...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.