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Greatland Gold (LON:GGP) Hits New 12-Month High - Time to Buy?

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report)'s share price hit a new 52-week high on Monday . The stock traded as high as GBX 338 ($4.62) and last traded at GBX 315.25 ($4.31), with a volume of 1156467 shares. The stock had previously closed at GBX 15.60 ($0.21).

Analyst Upgrades and Downgrades

GGP has been the subject of a number of recent research reports. Canaccord Genuity Group raised shares of Greatland Gold to a "buy" rating and boosted their price objective for the company from GBX 400 ($5.47) to GBX 500 ($6.83) in a report on Wednesday, April 16th. Berenberg Bank lifted their price target on shares of Greatland Gold from GBX 220 ($3.01) to GBX 240 ($3.28) and gave the company a "hold" rating in a research report on Monday, April 14th.

Read Our Latest Stock Report on GGP

Greatland Gold Trading Down 7.8%

The stock has a market capitalization of £45.26 billion, a P/E ratio of -766.53 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. The business has a 50-day moving average price of GBX 286.05 and a two-hundred day moving average price of GBX 210.86.

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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