Jangada Mines PLC (JAN) Rating Reiterated by Beaufort Securities

Jangada Mines PLC (LON:JAN)‘s stock had its “speculative buy” rating reaffirmed by equities research analysts at Beaufort Securities in a research report issued to clients and investors on Monday.

Shares of Jangada Mines PLC (JAN) opened at 4.625 on Monday. Jangada Mines PLC has a 12-month low of GBX 4.25 and a 12-month high of GBX 5.50. The firm’s 50-day moving average price is GBX 4.58 and its 200-day moving average price is GBX 4.90. The firm’s market capitalization is GBX 9.14 million.

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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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