Greatland Gold (LON:GGP - Get Free Report) was upgraded by equities researchers at Canaccord Genuity Group to a "buy" rating in a research note issued on Wednesday, MarketBeat reports. The brokerage presently has a GBX 25 ($0.33) target price on the stock, up from their previous target price of GBX 20 ($0.27). Canaccord Genuity Group's price objective would indicate a potential upside of 72.65% from the stock's previous close.
Separately, Berenberg Bank lifted their price target on shares of Greatland Gold from GBX 11 ($0.15) to GBX 12 ($0.16) and gave the company a "hold" rating in a research note on Monday, April 14th.
Read Our Latest Analysis on Greatland Gold
Greatland Gold Price Performance
LON GGP traded down GBX 0.14 ($0.00) during trading on Wednesday, reaching GBX 14.48 ($0.19). 76,398,930 shares of the company traded hands, compared to its average volume of 70,801,352. The company has a market cap of £1.96 billion, a price-to-earnings ratio of -33.16 and a beta of 0.73. The stock's 50 day moving average price is GBX 10.36 and its two-hundred day moving average price is GBX 7.95. Greatland Gold has a 1-year low of GBX 3.63 ($0.05) and a 1-year high of GBX 15 ($0.20). The company has a debt-to-equity ratio of 102.07, a quick ratio of 2.36 and a current ratio of 1.33.
Greatland Gold (LON:GGP - Get Free Report) last posted its quarterly earnings data on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) earnings per share (EPS) for the quarter. As a group, analysts anticipate that Greatland Gold will post 1.1007194 EPS for the current year.
About Greatland Gold
(
Get Free Report)
Greatland Gold plc is a mining development and exploration company with a focus on precious and base metals.
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