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Greatland Gold (LON:GGP) Shares Cross Below 50 Day Moving Average - Should You Sell?

Greatland Gold logo with Basic Materials background

Greatland Gold plc (LON:GGP - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 6.45 ($0.08) and traded as low as GBX 6.35 ($0.08). Greatland Gold shares last traded at GBX 6.40 ($0.08), with a volume of 136,535,270 shares traded.

Greatland Gold Stock Down 2.3 %

The company has a current ratio of 4.40, a quick ratio of 2.36 and a debt-to-equity ratio of 82.97. The company has a market cap of £650.63 million, a price-to-earnings ratio of -938.00 and a beta of 0.73. The firm's fifty day moving average price is GBX 6.45 and its 200-day moving average price is GBX 6.83.

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.

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