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Greatland Gold (LON:GGP) Hits New 1-Year High - Still a Buy?

Greatland Gold logo with Basic Materials background
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Shares of Greatland Gold plc (LON:GGP - Get Free Report) 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).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their target price on shares of 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 Stock Analysis on GGP

Greatland Gold Trading Up 2.2 %

The stock has a market capitalization of £1.50 billion, a price-to-earnings ratio of -25.42 and a beta of 0.73. The company has a fifty day moving average of GBX 8.42 and a two-hundred day moving average of GBX 7.12. The company has a quick ratio of 2.36, a current ratio of 1.33 and a debt-to-equity ratio of 102.07.

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

About Greatland Gold

(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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