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Greatland Gold (LON:GGP) Reaches New 1-Year High - Here's What Happened

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as GBX 375 ($5.04) and last traded at GBX 371.23 ($4.99), with a volume of 421885 shares traded. The stock had previously closed at GBX 358.25 ($4.81).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 607 price target on shares of Greatland Gold in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 423.50.

Check Out Our Latest Stock Analysis on Greatland Gold

Greatland Gold Trading Up 3.4%

The stock has a market capitalization of £2.48 billion, a P/E ratio of 586.48 and a beta of 0.73. The company has a debt-to-equity ratio of 102.07, a quick ratio of 2.36 and a current ratio of 1.33. The firm's fifty day simple moving average is GBX 289.68 and its 200 day simple moving average is GBX 286.69.

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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