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Greatland Gold (LON:GGP) Shares Up 7.9% - Time to Buy?

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report)'s stock price was up 7.9% on Friday . The company traded as high as GBX 361 ($4.96) and last traded at GBX 361 ($4.96). Approximately 6,184,015 shares were traded during trading, a decline of 91% from the average daily volume of 69,223,375 shares. The stock had previously closed at GBX 334.70 ($4.60).

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GGP. Canaccord Genuity Group raised shares of Greatland Gold to a "buy" rating and increased their price objective for the company from GBX 400 ($5.49) to GBX 500 ($6.87) in a research note on Wednesday, April 16th. Berenberg Bank increased their price objective on shares of Greatland Gold from GBX 220 ($3.02) to GBX 240 ($3.30) and gave the company a "hold" rating in a research note on Monday, April 14th.

View Our Latest Analysis on Greatland Gold

Greatland Gold Stock Performance

The stock has a market capitalization of £44.60 billion, a price-to-earnings ratio of -755.33 and a beta of 0.73. The stock's 50 day moving average is GBX 289.07 and its 200 day moving average is GBX 215.68. The company has a current ratio of 1.33, a quick ratio of 2.36 and a debt-to-equity ratio of 102.07.

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

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