Greatland Gold (LON:GGP) Given New GBX 816 Price Target at Royal Bank Of Canada

Greatland Gold (LON:GGP) had its price objective upped by Royal Bank Of Canada from GBX 675 to GBX 816 in a research note issued to investors on Thursday morning, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on GGP. Citigroup boosted their target price on Greatland Gold from GBX 595 to GBX 675 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Canaccord Genuity Group restated a “buy” rating and set a GBX 635 price objective on shares of Greatland Gold in a report on Tuesday, October 7th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 591.50.

Greatland Gold Trading Down 3.0%

Greatland Gold stock opened at GBX 647.85 on Thursday. The firm has a market cap of £4.36 billion, a price-to-earnings ratio of 4.89 and a beta of 0.73. Greatland Gold has a 1 year low of GBX 148.02 and a 1 year high of GBX 719.90. The firm’s 50 day moving average price is GBX 515.82 and its two-hundred day moving average price is GBX 393.14. The company has a debt-to-equity ratio of 102.07, a quick ratio of 2.36 and a current ratio of 1.33.

About Greatland Gold

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