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Jubilee Metals Group Plc

Copper’s eight year high bodes well for copper-gold stocks

The copper price has soared since March last year when it slipped below US$5000 per tonne to trade at about US$4700 per tonne for the first time since 2016.

However, the recovery since then has been outstanding with the red metal closing out last week at US$8146 per tonne, representing a gain of more than 70% in just over nine months.

While the share prices of blue-chip players with strong exposure to the metal have experienced substantial gains, there are some smaller emerging players that could respond sharply to the buoyant environment in 2021.

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.