Greatland Gold (LON:GGP) Stock Price Up 0.6% - Time to Buy?

Shares of Greatland Gold plc (LON:GGP - Get Free Report) rose 0.6% during trading on Monday . The stock traded as high as GBX 330 ($4.48) and last traded at GBX 324 ($4.40). Approximately 720,550 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 3,419,359 shares. The stock had previously closed at GBX 322 ($4.38).

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Berenberg Bank lifted their price objective on Greatland Gold from GBX 220 ($2.99) to GBX 240 ($3.26) and gave the stock a "hold" rating in a research report on Monday, April 14th. Canaccord Genuity Group upgraded Greatland Gold to a "buy" rating and lifted their price objective for the stock from GBX 400 ($5.43) to GBX 500 ($6.79) in a research report on Wednesday, April 16th.

Greatland Gold Price Performance

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 has a market capitalization of £45.98 billion, a P/E ratio of -778.66 and a beta of 0.73. The stock has a fifty day moving average price of GBX 308.83 and a two-hundred day moving average price of GBX 237.87.

Greatland Gold Company Profile

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