Free Trial

Greatland Gold (LON:GGP) Shares Up 13.3% - Here's What Happened

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report)'s share price was up 13.3% on Friday . The stock traded as high as GBX 13.10 ($0.17) and last traded at GBX 13.04 ($0.17). Approximately 142,135,578 shares traded hands during trading, an increase of 140% from the average daily volume of 59,158,926 shares. The stock had previously closed at GBX 11.50 ($0.15).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group increased their price target on Greatland Gold from GBX 19 ($0.25) to GBX 20 ($0.26) and gave the stock a "speculative buy" rating in a research note on Tuesday, March 18th.

Get Our Latest Stock Analysis on GGP

Greatland Gold Stock Up 7.8 %

The firm has a market cap of £1.75 billion, a price-to-earnings ratio of -29.59 and a beta of 0.73. The stock's 50 day moving average is GBX 8.87 and its 200 day moving average is GBX 7.29. The company has a quick ratio of 2.36, a current ratio of 1.33 and a debt-to-equity ratio of 102.07.

Greatland Gold (LON:GGP - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) earnings per share for the quarter. Analysts forecast that Greatland Gold plc will post 1.1007194 EPS for the current year.

Greatland Gold Company Profile

(Get Free Report)

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

Further Reading

Should You Invest $1,000 in Greatland Gold Right Now?

Before you consider Greatland Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Greatland Gold wasn't on the list.

While Greatland Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy Early: 3 Tech Trends With Millionaire-Making Potential
SMCI Stumbles on Earnings: Why Some Investors Still Want In
5 Stocks to BUY NOW in May 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines