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Greatland Gold (LON:GGP) Earns Speculative Buy Rating from Canaccord Genuity Group

Greatland Gold logo with Basic Materials background

Greatland Gold (LON:GGP - Get Free Report)'s stock had its "speculative buy" rating reiterated by stock analysts at Canaccord Genuity Group in a note issued to investors on Thursday, Marketbeat reports. They presently have a GBX 19 ($0.24) target price on the stock. Canaccord Genuity Group's target price indicates a potential upside of 120.93% from the company's current price.

Greatland Gold Stock Performance

LON GGP remained flat at GBX 8.60 ($0.11) on Thursday. 39,122,336 shares of the company were exchanged, compared to its average volume of 51,540,785. The firm has a market cap of £1.16 billion, a price-to-earnings ratio of -19.70 and a beta of 0.73. 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 has a 12-month low of GBX 3.63 ($0.05) and a 12-month high of GBX 9.70 ($0.12). The stock's fifty day moving average price is GBX 7.08 and its two-hundred day moving average price is GBX 6.77.

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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