Greatland Gold (LON:GGP) Reaches New 1-Year High – What’s Next?

Greatland Gold plc (LON:GGP) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 9.75 ($0.13) and last traded at GBX 9.65 ($0.12), with a volume of 55102355 shares. The stock had previously closed at GBX 9.50 ($0.12).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 19 ($0.25) price objective on shares of Greatland Gold in a report on Thursday, February 20th.

Greatland Gold Stock Up 2.2 %

The stock’s fifty day moving average is GBX 7.70 and its two-hundred day moving average is GBX 6.90. The company has a current ratio of 1.33, a quick ratio of 2.36 and a debt-to-equity ratio of 102.07. The company has a market capitalization of £1.31 billion, a PE ratio of -22.23 and a beta of 0.73.

Greatland Gold (LON:GGP) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) earnings per share for the quarter. As a group, analysts predict that Greatland Gold plc will post 1.1007194 EPS for the current year.

About Greatland Gold

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