Greatland Gold (LON:GGP) Trading Up 17.6% – What’s Next?

Greatland Gold plc (LON:GGP)’s stock price traded up 17.6% during trading on Thursday . The company traded as high as GBX 12.20 ($0.16) and last traded at GBX 12 ($0.15). 327,631,250 shares changed hands during mid-day trading, an increase of 369% from the average session volume of 69,864,898 shares. The stock had previously closed at GBX 10.20 ($0.13).

Analyst Ratings Changes

Separately, Canaccord Genuity Group upped their price objective on Greatland Gold from GBX 19 ($0.24) to GBX 20 ($0.26) and gave the stock a “speculative buy” rating in a report on Tuesday, March 18th.

Greatland Gold Price Performance

The firm has a market cap of £1.62 billion, a P/E ratio of -27.48 and a beta of 0.73. The stock’s 50-day simple moving average is GBX 9.60 and its two-hundred day simple moving average is GBX 7.59. The company has a debt-to-equity ratio of 102.07, a current ratio of 1.33 and a quick ratio of 2.36.

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

About Greatland Gold

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