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Greatland Gold (LON:GGP) Hits New 12-Month High - What's Next?

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 338 ($4.64) and last traded at GBX 315.25 ($4.33), with a volume of 1156467 shares changing hands. The stock had previously closed at GBX 15.60 ($0.21).

Wall Street Analyst Weigh In

GGP has been the subject of a number of analyst reports. Canaccord Genuity Group raised Greatland Gold to a "buy" rating and boosted their price objective for the stock from GBX 400 ($5.49) to GBX 500 ($6.86) in a research report on Wednesday, April 16th. Berenberg Bank raised their target price on shares of Greatland Gold from GBX 220 ($3.02) to GBX 240 ($3.29) and gave the company a "hold" rating in a report on Monday, April 14th.

Check Out Our Latest Stock Report on GGP

Greatland Gold Price Performance

The company has a debt-to-equity ratio of 102.07, a current ratio of 1.33 and a quick ratio of 2.36. The company has a fifty day moving average price of GBX 287.48 and a 200 day moving average price of GBX 212.31. The company has a market capitalization of £48.82 billion, a P/E ratio of -826.76 and a beta of 0.73.

About Greatland Gold

(Get Free Report)

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

Further Reading

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