Greatland Gold (LON:GGP) Sets New 1-Year Low at $5.50

Greatland Gold plc (LON:GGP) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.54 ($0.07), with a volume of 25963772 shares changing hands. The stock had previously closed at GBX 5.74 ($0.07).

Analyst Ratings Changes

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

Greatland Gold Trading Down 3.5 %

The firm has a market cap of £281.99 million, a PE ratio of -938.00 and a beta of 0.67. The company has a current ratio of 4.40, a quick ratio of 2.36 and a debt-to-equity ratio of 82.97. The business has a fifty day moving average price of GBX 6.48 and a 200 day moving average price of GBX 7.82.

Greatland Gold Company Profile

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.