Greatland Gold (LON:GGP) Shares Up 13.3% - Here's What Happened

Greatland Gold plc (LON:GGP - Get Free Report)'s share price was up 13.3% on Friday . The stock traded as high as GBX 13.10 ($0.17) and last traded at GBX 13.04 ($0.17). Approximately 142,135,578 shares traded hands during trading, an increase of 140% from the average daily volume of 59,158,926 shares. The stock had previously closed at GBX 11.50 ($0.15).

Analyst Upgrades and Downgrades

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 note on Tuesday, March 18th.

Greatland Gold Stock Up 7.8 %

The firm has a market cap of £1.75 billion, a price-to-earnings ratio of -29.59 and a beta of 0.73. The stock's 50 day moving average is GBX 8.87 and its 200 day moving average is GBX 7.29. 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 announced its quarterly earnings data on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) earnings per share for the quarter. Analysts forecast that Greatland Gold plc will post 1.1007194 EPS for the current year.

Greatland Gold Company Profile

Greatland Gold plc is a mining development and exploration company with a focus on precious and base metals.