Greatland Gold (LON:GGP) Stock Price Passes Below 50 Day Moving Average of $6.93

Greatland Gold plc (LON:GGP – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 6.93 ($0.09) and traded as low as GBX 5.90 ($0.07). Greatland Gold shares last traded at GBX 6.10 ($0.08), with a volume of 24,231,732 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 12 ($0.15) price target on shares of Greatland Gold in a research report on Thursday, February 29th.

Read Our Latest Analysis on GGP

Greatland Gold Stock Down 1.8 %

The firm’s 50-day moving average price is GBX 6.93 and its 200 day moving average price is GBX 7.87. The firm has a market capitalization of £304.89 million, a price-to-earnings ratio of -938.00 and a beta of 0.67. The company has a debt-to-equity ratio of 82.97, a current ratio of 4.40 and a quick ratio of 2.36.

Greatland Gold Company Profile

(Get Free Report)

Greatland Gold plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in Australia. It explores for gold, copper, cobalt, and nickel deposits. The company's flagship project is the 30% owned Havieron deposit, covering an area of 38 square kilometers located in the Paterson province of Western Australia.

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