Greatland Gold (LON:GGP) Sets New 52-Week Low – What’s Next?

Shares of Greatland Gold plc (LON:GGPGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 3.63 ($0.05) and last traded at GBX 8.60 ($0.11), with a volume of 42437188 shares. The stock had previously closed at GBX 8.60 ($0.11).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 19 ($0.24) price objective on shares of Greatland Gold in a research report on Thursday.

View Our Latest Report on GGP

Greatland Gold Price Performance

The stock has a fifty day moving average of GBX 7.08 and a 200 day moving average of GBX 6.77. 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 stock has a market cap of £1.16 billion, a price-to-earnings ratio of -19.70 and a beta of 0.73.

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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