Jubilee Metals Group (JLP) AI Stock Analysis

• Market Cap: £131.82M
• Dividend Yield: N/A
• Average Volume (3M): 6.75M
• Price to Earnings (P/E): 8.0
• Beta (1Y): 1.21
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 885
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Industrial Materials
• EPS (TTM): <0.01
• Shares Outstanding: 3,065,640,100
• 10 Day Avg. Volume: 4,771,132
• 30 Day Avg. Volume: 6,745,958
• PEG Ratio: -0.65
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £7.05
• Price Target Upside: 80.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 69 Neutral
• Price Target: 4.50p ▲(15.38%Upside)

Jubilee Metals Group's overall stock score reflects strong technical momentum and a favorable valuation, partially offset by financial challenges, including declining margins and increased debt. Strategic corporate events bolster future growth potential, although financial risks need addressing for sustainable performance.

Jubilee Metals Group Business Overview & Revenue Model

Company Description

Jubilee Metals Group plc operates as a diversified metals processing and recovery company. It operates through four segments: Metals Processing, Business Development, Exploration, and Corporate. The company explores for platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium, osmium, and gold; and chrome, lead, zinc, vanadium, copper, and cobalt ores. The company holds interests in various projects located in in South Africa, Australia, Madagascar, Mauritius, Zambia, and the United Kingdom. It is also involved in the beneficiation of precious metals; and process consulting, development, and implementation of process solutions targeting liquid and solid waste streams from mine processes. The company was formerly known as Jubilee Platinum Plc and changed its name to Jubilee Metals Group PLC in December 2017. Jubilee Metals Group PLC was incorporated in 2002 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Jubilee Metals Group generates revenue through the recovery and sale of metals extracted from mining waste and secondary materials. The company's income primarily comes from the sale of platinum group metals (PGMs), chrome concentrates, and base metals such as copper and cobalt. Its operations involve entering into agreements with mine owners to process and recover valuable metals from tailings and slag, allowing them to monetize otherwise discarded materials. Significant partnerships with mining companies provide Jubilee access to large quantities of tailings, ensuring a steady supply of material for processing. The company's proprietary technology and expertise in metal recovery enhance its ability to efficiently extract and sell metals, contributing to its earnings.

Jubilee Metals Group Financial Statement Overview

Summary

Jubilee Metals Group demonstrates strong revenue growth and operational efficiency but faces challenges with declining profitability margins and rising debt levels. The negative free cash flow and increasing leverage pose risks that need addressing for sustained financial health.

Income Statement

Jubilee Metals Group has shown consistent revenue growth, with a notable increase from $141.9M to $205.4M in 2024. However, the gross profit margin has decreased over recent years, indicating pressure on cost management. The net profit margin also declined from 9.1% in 2023 to 2.3% in 2024, reflecting challenges in maintaining profitability. Despite these issues, the company has managed to maintain positive EBIT and EBITDA margins, suggesting operational efficiency.

Balance Sheet

The company's balance sheet reflects increasing leverage, with total debt rising from $14.2M in 2023 to $31.2M in 2024, leading to a higher debt-to-equity ratio. The return on equity has declined, indicating reduced efficiency in generating returns from shareholders' equity. However, the equity ratio remains strong, suggesting a solid asset base relative to liabilities.

Cash Flow

Jubilee Metals Group's cash flow position is concerning, with a negative free cash flow in recent years, primarily due to high capital expenditures. The operating cash flow to net income ratio remains positive, indicating some ability to convert earnings into cash. However, the free cash flow to net income ratio is negative, highlighting the need for improved cash management and cost control.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
240.29M	205.40M	141.93M	140.01M	132.85M	54.77M
	Gross Profit
24.92M	35.98M	31.39M	45.34M	69.31M	25.09M
	EBIT
12.13M	11.79M	15.52M	25.64M	44.88M	15.89M
	EBITDA
28.27M	29.72M	26.40M	38.18M	48.61M	24.10M
	Net Income Common Stockholders
3.27M	4.73M	12.91M	18.04M	39.60M	18.32M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.68M	19.32M	12.93M	16.72M	19.64M	9.95M
	Total Assets
340.74M	413.96M	300.14M	293.62M	194.67M	130.64M
	Total Debt
30.45M	31.25M	14.20M	8.83M	9.34M	11.89M
	Net Debt
23.77M	11.92M	1.60M	-7.19M	-10.30M	1.94M
	Total Liabilities
146.58M	155.00M	95.48M	86.07M	58.12M	36.46M
	Stockholders Equity
190.50M	254.47M	201.45M	203.85M	133.38M	91.70M
Cash Flow		Free Cash Flow
-13.73M	-21.23M	-11.91M	-21.11M	3.98M	1.34M
	Operating Cash Flow
13.82M	17.63M	31.01M	31.01M	23.79M	19.44M
	Investing Cash Flow
-40.75M	-39.88M	-43.88M	-64.62M	-19.82M	-25.86M
	Financing Cash Flow
29.38M	25.84M	9.97M	28.18M	1.12M	1.53M

Jubilee Metals Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:JLP, the sentiment is Neutral. The current price of 3.9 is above the 20-day moving average (MA) of 3.62, above the 50-day MA of 3.42, and below the 200-day MA of 4.25, indicating a neutral trend. The MACD of 0.25 indicates Negative momentum. The RSI at 56.72 is Neutral, neither overbought nor oversold. The STOCH value of 70.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:JLP.

Jubilee Metals Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JLP	69 Neutral	£131.82M	7.96	1.86%	―	―	―
Sector *	50 Neutral	$2.00B	-1.14	-21.15%	3.68%	2.17%	-31.00%
KOD	48 Neutral	£60.34M	1.93	47.34%	―	―	―
SAV		£92.34M	―	-13.18%	―	―	―
RBW	50 Neutral	£72.41M	―	-27.69%	―	―	66.85%
FAR	39 Underperform	£37.27M	―	-98.23%	―	-23.03%	-23.30%
PRE		£103.79M	―	-10.18%	―	―	―

Jubilee Metals Group Corporate Events

Jubilee Metals Advances Zambian Copper Strategy with Successful Trials and New Agreements

Jubilee Metals Group PLC has successfully completed processing trials at its Roan Concentrator in Zambia, confirming its ability to process high-grade copper ores previously considered waste. This achievement has led to a long-term supply agreement, marking a significant advancement in the company’s Zambian copper strategy. The company is also ramping up operations at its Munkoyo mining site and has entered into agreements to expand its mining portfolio. Additionally, Jubilee is divesting non-core assets to focus on its core operations and enhance its production capabilities.

The most recent analyst rating on (GB:JLP) stock is a Buy with a £8.30 price target. To see the full list of analyst forecasts on Jubilee Metals Group stock, see the GB:JLP Stock Forecast page.

Jubilee Metals Advances Copper Processing Trials in Zambia

Jubilee Metals Group announced progress in its copper ore processing trials at the Roan Concentrator in Zambia, aiming to finalize a long-term supply agreement. The trials, which are slightly delayed due to necessary circuit adjustments, have shown potential for a significant increase in copper production. The Munkoyo Open-Pit mine operations are on track to achieve targeted production levels, and the company has commenced trading from its Large Waste Project, receiving initial payments.

Jubilee Metals Group Reports Strong Q3 FY2025 Performance and Revised Production Targets

Jubilee Metals Group has reported a strong third quarter for FY2025, with significant increases in both chrome concentrate and PGM production. The company has revised its production guidance upwards, expecting to produce 1.85 million tonnes of chrome concentrate and 38,000 ounces of PGM by the end of the financial year. The successful implementation of the Thutse project and a new joint partnership for processing surplus PGM feed stock are key drivers of this growth, positioning Jubilee to expand its PGM production capacity by approximately 30% without additional capital expenditure.

Jubilee Metals Announces Leadership Changes to Strengthen Strategic Direction

Jubilee Metals Group has announced changes to its Board of Directors, with Mr. Ollie Oliveira retiring as chairperson and non-executive director, effective April 30, 2025. Dr. Mathews Phosa will succeed him, bringing his extensive industry knowledge and experience to the role. Additionally, Jonathan Morley-Kirk, previously interim Finance Director, has been appointed to the position permanently. These leadership changes are expected to strengthen Jubilee’s strategic direction and reinforce its commitment to sustainability, innovation, and sound governance, which are crucial for navigating the evolving market landscape.

Jubilee Metals Group Expands PGM Processing Through Strategic Partnership

Jubilee Metals Group has entered a joint partnership with an existing PGM producer to process surplus PGM feed stock resulting from increased chrome production in South Africa. This agreement allows Jubilee to commence deliveries of chrome and PGM bearing material, potentially increasing their production capacity by 32% without additional capital investment, thereby enhancing their operational efficiency and financial returns.

Jubilee Metals Secures Reduced Deal for Large Waste Project

Jubilee Metals Group has secured exclusive rights to the Large Waste Project for a reduced consideration of US$18 million, down from US$30 million. The company has until mid-May 2025 to decide on acquiring the assets, with US$11.5 million remaining to be settled over 12 months. Encouraged by due diligence results, Jubilee has agreed to sell 10 million tonnes of material to a multinational metals company for US$6.75 million, providing insights into the material’s performance. This move aligns with Jubilee’s strategy to expand its copper portfolio in Zambia, attracting interest from large multinational copper producers.

Jubilee Metals Sees Revenue Surge Amid Operational Challenges

Jubilee Metals Group reported a 51% increase in group revenue to $141.5 million for the six months ending December 2024, driven by higher chrome production. However, EBITDA fell by 6.8% due to softer chrome prices. In Zambia, copper revenue rose slightly, but profits were impacted by power outages and increased costs. In South Africa, chrome revenue surged by 75.9% due to new processing modules, while PGM revenue declined due to a strategic focus on chrome. The company is addressing power issues in Zambia with new agreements and is optimistic about future copper production with high-grade feed material. The South African operations are on track to meet chrome and PGM production targets for FY2025.