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Greatland Gold (LON:GGP) Stock Price Up 7.9% - What's Next?

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report)'s stock price shot up 7.9% during mid-day trading on Friday . The company traded as high as GBX 361 ($4.95) and last traded at GBX 361 ($4.95). 6,184,015 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 69,223,375 shares. The stock had previously closed at GBX 334.70 ($4.59).

Wall Street Analyst Weigh In

A number of brokerages have commented on GGP. Canaccord Genuity Group upgraded shares of Greatland Gold to a "buy" rating and boosted their target price for the stock from GBX 400 ($5.49) to GBX 500 ($6.86) in a report on Wednesday, April 16th. Berenberg Bank raised their price objective on Greatland Gold from GBX 220 ($3.02) to GBX 240 ($3.29) and gave the stock a "hold" rating in a research report on Monday, April 14th.

Check Out Our Latest Stock Report on Greatland Gold

Greatland Gold Stock Down 8.9%

The company has a market capitalization of £44.49 billion, a PE ratio of -753.47 and a beta of 0.73. The business's 50-day simple moving average is GBX 287.48 and its 200-day simple moving average is GBX 212.31. 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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