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

Greatland Gold plc (LON:GGP)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock 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 reissued a “buy” rating and set a GBX 12 ($0.15) price target on shares of Greatland Gold in a report on Thursday, February 29th.

Greatland Gold Stock Up 0.7 %

The company has a 50-day moving average price of GBX 6.40 and a 200 day moving average price of GBX 7.80. The firm has a market capitalization of £284.02 million, a PE 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.

About Greatland Gold

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.