Greatland Gold (LON:GGP) Stock Crosses Below Fifty Day Moving Average of $8.15

Greatland Gold plc (LON:GGPGet Rating) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 8.15 ($0.10) and traded as low as GBX 7.76 ($0.09). Greatland Gold shares last traded at GBX 7.90 ($0.09), with a volume of 8,185,483 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 18 ($0.21) price target on shares of Greatland Gold in a research note on Monday, October 31st.

Greatland Gold Price Performance

The company has a debt-to-equity ratio of 757.67, a current ratio of 4.37 and a quick ratio of 2.36. The stock has a market capitalization of £387.44 million and a price-to-earnings ratio of -39.50. The stock’s 50 day simple moving average is GBX 8.15 and its 200-day simple moving average is GBX 9.87.

Greatland Gold Company Profile

(Get Rating)

Greatland Gold plc engages in the exploration and development of precious and base metals in the United Kingdom and Australia. It explores for gold, copper, cobalt, and nickel deposits. The company's flagship asset is the Havieron deposit in the Paterson region of Western Australia. Greatland Gold plc was incorporated in 2005 and is headquartered in London, the United Kingdom.

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