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Greatland Gold (LON:GGP) Reaches New 12-Month High - Should You Buy?

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Greatland Gold plc (LON:GGP - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 11.40 ($0.15) and last traded at GBX 11.27 ($0.15), with a volume of 10552903 shares changing hands. The stock had previously closed at GBX 11 ($0.14).

Analysts Set New Price Targets

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

View Our Latest Research Report on Greatland Gold

Greatland Gold Stock Down 9.2 %

The stock has a market cap of £1.62 billion, a price-to-earnings ratio of -27.44 and a beta of 0.73. 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's 50-day simple moving average is GBX 8.87 and its two-hundred day simple moving average is GBX 7.29.

Greatland Gold (LON:GGP - Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) earnings per share for the quarter. On average, sell-side analysts expect that Greatland Gold plc will post 1.1007194 EPS for the current fiscal year.

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.

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