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Greatland Gold (LON:GGP) Stock Price Passes Above 50 Day Moving Average - Here's Why

Greatland Gold logo with Basic Materials background
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Shares of Greatland Gold plc (LON:GGP - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 9.30 ($0.12) and traded as high as GBX 12.54 ($0.16). Greatland Gold shares last traded at GBX 11.60 ($0.15), with a volume of 175,750,844 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upped their price target on Greatland Gold from GBX 19 ($0.24) to GBX 20 ($0.26) and gave the stock a "speculative buy" rating in a report on Tuesday, March 18th.

View Our Latest Analysis on Greatland Gold

Greatland Gold Stock Performance

The company has a current ratio of 1.33, a quick ratio of 2.36 and a debt-to-equity ratio of 102.07. The stock has a market capitalization of £1.38 billion, a price-to-earnings ratio of -23.36 and a beta of 0.73. The stock's 50 day moving average is GBX 9.60 and its 200 day moving average is GBX 7.59.

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