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

Greatland Gold logo with Basic Materials background

Shares of Greatland Gold plc (LON:GGP - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 6.54 ($0.08) and traded as high as GBX 6.73 ($0.08). Greatland Gold shares last traded at GBX 6.43 ($0.08), with a volume of 42,207,992 shares changing hands.

Greatland Gold Stock Down 5.4 %

The stock has a market capitalization of £635.01 million, a price-to-earnings ratio of -938.00 and a beta of 0.73. 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 business has a fifty day moving average of GBX 6.55 and a 200 day moving average of GBX 6.87.

Greatland Gold Company Profile

(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.

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