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

Shares of Greatland Gold plc (LON:GGP) hit a new 52-week high on Friday . The stock traded as high as GBX 14.40 ($0.19) and last traded at GBX 14.08 ($0.18), with a volume of 164604813 shares changing hands. The stock had previously closed at GBX 12 ($0.16).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their price objective on shares of Greatland Gold from GBX 19 ($0.25) to GBX 20 ($0.26) and gave the stock a “speculative buy” rating in a research report on Tuesday, March 18th.

Greatland Gold Trading Up 13.3 %

The company has a 50 day moving average price of GBX 9.80 and a 200 day moving average price of GBX 7.68. 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 has a market cap of £1.84 billion, a price-to-earnings ratio of -31.15 and a beta of 0.73.

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

Greatland Gold Company Profile

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