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Greatland Gold (LON:GGP) Stock Price Up 9.4% - What's Next?

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report)'s stock price rose 9.4% on Wednesday . The stock traded as high as GBX 14.70 ($0.20) and last traded at GBX 14.62 ($0.20). Approximately 106,797,977 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 70,652,992 shares. The stock had previously closed at GBX 13.36 ($0.18).

Analyst Upgrades and Downgrades

GGP has been the topic of several analyst reports. Berenberg Bank raised their price target on shares of Greatland Gold from GBX 11 ($0.15) to GBX 12 ($0.16) and gave the company a "hold" rating in a research note on Monday, April 14th. Canaccord Genuity Group upgraded Greatland Gold to a "buy" rating and boosted their price target for the stock from GBX 20 ($0.27) to GBX 25 ($0.33) in a research report on Wednesday, April 16th.

Get Our Latest Report on GGP

Greatland Gold Stock Down 1.0 %

The company has a debt-to-equity ratio of 102.07, a current ratio of 1.33 and a quick ratio of 2.36. The firm has a market capitalization of £1.96 billion, a P/E ratio of -33.16 and a beta of 0.73. The firm's fifty day moving average price is GBX 10.48 and its 200-day moving average price is GBX 8.01.

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. As a group, equities research analysts forecast that Greatland Gold plc will post 1.1007194 earnings per share for the current year.

Greatland Gold Company Profile

(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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