Jangada Mines PLC (JAN) Receives Speculative Buy Rating from Beaufort Securities

Beaufort Securities restated their speculative buy rating on shares of Jangada Mines PLC (LON:JAN) in a research note issued to investors on Tuesday.

Shares of Jangada Mines PLC (JAN) opened at 4.50 on Tuesday. The firm’s market cap is GBX 8.89 million. Jangada Mines PLC has a 52 week low of GBX 4.38 and a 52 week high of GBX 5.50. The firm’s 50-day moving average is GBX 4.65 and its 200 day moving average is GBX 4.97.

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About Jangada Mines PLC

Jangada Mines PLC is a United Kingdom-based company. The Company is focused on the natural resource sector.The Company owns, through its Brazilian subsidiary 44 exploration licenses and three mining licenses covering 55,000ha over the Pedra Branca PGM project in NE Brazil. The Company’s Pedra Branca PGM project comprises four main deposits that, on aggregate, have a combined JORC-compliant mineral resource estimate of 23.1Mt grading 1.28g/t 2PGE+Au, containing 952koz of platinum, palladium and gold.

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