Greatland Gold (LON:GGP) Hits New 1-Year High - Here's Why

Greatland Gold plc (LON:GGP - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 10.90 ($0.14) and last traded at GBX 10.74 ($0.14), with a volume of 71813219 shares trading hands. The stock had previously closed at GBX 10.34 ($0.13).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lifted their price objective on Greatland Gold from GBX 19 ($0.25) to GBX 20 ($0.26) and gave the company a "speculative buy" rating in a report on Tuesday, March 18th.

Greatland Gold Price Performance

The stock has a market cap of £1.43 billion, a P/E ratio of -24.28 and a beta of 0.73. The company has a 50 day simple moving average of GBX 8.24 and a 200 day simple moving average of GBX 7.07. 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 (LON:GGP - Get Free Report) last released its earnings results on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) EPS for the quarter. Sell-side analysts forecast that Greatland Gold plc will post 1.1007194 earnings per share for the current fiscal year.

About Greatland Gold

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