JMS – Macquarie rates the stock as Underperform
Underperform maintained. Target is reduced to $0.19 from $0.22.
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Jupiter Mines Limited.
Jupiter Mines Limited is an independent mining company based in Perth, Western Australia and listed on the Australian Securities Exchange (ASX: JMS). Its flagship project is the Tshipi manganese mine in South Africa. Jupiter also has two iron ore development projects in the Yilgarn region of Western Australia
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Analyst Views
JMS – Macquarie rates the stock as Outperform
First-quarter production was stronger than Macquarie expected while sales were affected by shipments being rolled over into the second quarter.
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