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Jubilee Platinum’s share chart shows the “dirty work” done, Zak Mir predicts a rally

Looking at the chart for Jubilee Platinum PLC (LON:JLP) technical analyst Zak Mir says the “dirty work” was done a year ago.
 
He highlights that the share has been consolidating a recovery of late but will in time rally from current levels, around 3.5p, to retest 6p.
 
“Precious metal stocks have been on the front foot in a massive way,” Mir said in a Tips TV segment for Proactive Investors.

Quick facts: Jubilee Metals Group

Price: 8.5 GBX

AIM:JLP
Market: AIM
Market Cap: £179.56 m
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Jubilee Metals Group accelerate production to achieve a record performance...

Jubilee Metals PLC's (LON:JLP) Leon Coetzer talks to Proactive London's Katie Pilbeam about their record production and financial performance in the third quarter of 2020. These operations drove record-high quarterly earnings of £15.17m. The company said it produced 15,044 platinum group...

on 13/10/20

2 min read