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Greatland Gold (LON:GGP) Shares Pass Below Fifty Day Moving Average of $6.21

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Shares of Greatland Gold plc (LON:GGP - Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 6.21 ($0.08) and traded as low as GBX 5.80 ($0.07). Greatland Gold shares last traded at GBX 5.97 ($0.08), with a volume of 4,965,332 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 12 ($0.15) price target on shares of Greatland Gold in a report on Thursday, February 29th.

Get Our Latest Stock Analysis on GGP

Greatland Gold Stock Up 1.2 %

The company has a debt-to-equity ratio of 82.97, a current ratio of 4.40 and a quick ratio of 2.36. The firm has a market capitalization of £307.44 million, a price-to-earnings ratio of -938.00 and a beta of 0.68. The business has a fifty day moving average price of GBX 6.21 and a two-hundred day moving average price of GBX 7.79.

About Greatland Gold

(Get Free Report)

Greatland Gold plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in Australia. It explores for gold, copper, cobalt, and nickel deposits. The company's flagship project is the 30% owned Havieron deposit, covering an area of 38 square kilometers located in the Paterson province of Western Australia.

Further Reading

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