Greatland Gold (LON:GGP) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Greatland Gold (LON:GGP - Get Free Report) had its price target boosted by Berenberg Bank from GBX 11 ($0.15) to GBX 12 ($0.16) in a research report issued on Monday, Marketbeat.com reports. The firm currently has a "hold" rating on the stock. Berenberg Bank's price target would suggest a potential downside of 17.13% from the company's current price.

Separately, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 20 ($0.27) target price on shares of Greatland Gold in a report on Tuesday, April 15th.

Greatland Gold Stock Performance

Shares of LON:GGP traded down GBX 0.14 ($0.00) on Monday, hitting GBX 14.48 ($0.19). 76,398,930 shares of the company were exchanged, compared to its average volume of 70,801,352. The firm has a market capitalization of £1.96 billion, a P/E ratio of -33.16 and a beta of 0.73. The company has a current ratio of 1.33, a quick ratio of 2.36 and a debt-to-equity ratio of 102.07. Greatland Gold has a 1-year low of GBX 3.63 ($0.05) and a 1-year high of GBX 15 ($0.20). The stock's 50 day moving average price is GBX 10.36 and its 200 day moving average price is GBX 7.94.

Greatland Gold (LON:GGP - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) EPS for the quarter. Sell-side analysts predict that Greatland Gold will post 1.1007194 EPS for the current year.

About Greatland Gold

Greatland Gold plc is a mining development and exploration company with a focus on precious and base metals.