Beaufort Securities reaffirmed their speculative buy rating on shares of Jangada Mines PLC (LON:JAN) in a research report report published on Tuesday.

Jangada Mines PLC (LON:JAN) remained flat at $GBX 4.63 ($0.06) on Tuesday. 262,275 shares of the stock were exchanged.

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Jangada Mines PLC Company Profile

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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