Metals processing company Jubilee Metals’ share price on the JSE rallied by more than 10% on Thursday morning, while its shares on the LSE rose by nearly 7%, after it reported strong growth in earnings for the financial year ended June 30.
The Aim- and AltX-listed company reported earnings of £7-million, or R128-million, compared with a loss of £2.1-million, or R37-million, incurred in the year ended June 30, 2018.