Greatland Gold (LON:GGP) Sets New 1-Year High – Here’s Why

Greatland Gold plc (LON:GGP) reached a new 52-week high on Thursday . The stock traded as high as GBX 11.40 ($0.15) and last traded at GBX 11.27 ($0.15), with a volume of 10552903 shares changing hands. The stock had previously closed at GBX 11 ($0.14).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group boosted their price target on Greatland Gold from GBX 19 ($0.24) to GBX 20 ($0.26) and gave the stock a “speculative buy” rating in a research report on Tuesday, March 18th.

Greatland Gold Stock Performance

The company has a debt-to-equity ratio of 102.07, a quick ratio of 2.36 and a current ratio of 1.33. The firm’s 50 day moving average is GBX 8.42 and its 200-day moving average is GBX 7.12. The company has a market cap of £1.53 billion, a PE ratio of -25.90 and a beta of 0.73.

Greatland Gold (LON:GGP) last posted its quarterly earnings results on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) EPS for the quarter. On average, research analysts anticipate that Greatland Gold plc will post 1.1007194 earnings per share for the current fiscal year.

About Greatland Gold

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