Greatland Gold (LON:GGP) Receives Buy Rating from Canaccord Genuity Group

Key Points

• Analysts at Canaccord Genuity Group have reaffirmed their "buy" rating for Greatland Gold (LON:GGP) with a price target of GBX 635, indicating a potential upside of 59.75%.
• Greatland Gold's stock traded up GBX 23.50 to reach GBX 397.50 during trading hours, with a notable trading volume of 3,645,793 shares.
• The company, focused on mining and exploration for precious and base metals, has a market cap of £2.67 billion and a PE ratio of 629.55.

Greatland Gold (LON:GGP - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Canaccord Genuity Group in a report issued on Tuesday,London Stock Exchange reports. They presently have a GBX 635 price target on the stock. Canaccord Genuity Group's target price indicates a potential upside of 59.75% from the company's current price.

Greatland Gold Stock Performance

Shares of Greatland Gold stock traded up GBX 23.50 during trading hours on Tuesday, reaching GBX 397.50. The company had a trading volume of 3,645,793 shares, compared to its average volume of 2,986,419. The firm has a market cap of £2.67 billion, a PE ratio of 629.55 and a beta of 0.73. Greatland Gold has a one year low of GBX 102 and a one year high of GBX 405.27. 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 business has a fifty day simple moving average of GBX 290.56 and a 200 day simple moving average of GBX 287.82.

Greatland Gold Company Profile

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

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