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Greatland Gold (LON:GGP) Trading Up 7.2% - Still a Buy?

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report)'s share price traded up 7.2% during mid-day trading on Tuesday . The company traded as high as GBX 6.20 ($0.08) and last traded at GBX 6.03 ($0.08). 55,843,777 shares were traded during trading, an increase of 146% from the average session volume of 22,671,471 shares. The stock had previously closed at GBX 5.62 ($0.07).

Greatland Gold Trading Up 1.8 %

The stock has a 50 day simple moving average of GBX 6.21 and a 200-day simple moving average of GBX 6.82. The firm has a market capitalization of £595.45 million, a P/E ratio of -938.00 and a beta of 0.73. The company has a current ratio of 4.40, a quick ratio of 2.36 and a debt-to-equity ratio of 82.97.

About Greatland Gold

(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.

Further Reading

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