Greatland Gold’s (GGP) Speculative Buy Rating Reiterated at Canaccord Genuity Group

Greatland Gold (LON:GGP)‘s stock had its “speculative buy” rating restated by research analysts at Canaccord Genuity Group in a research report issued on Thursday, Marketbeat.com reports. They presently have a GBX 19 ($0.24) price target on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 120.93% from the stock’s current price.

Greatland Gold Stock Up 4.9 %

GGP traded up GBX 0.40 ($0.01) during trading on Thursday, reaching GBX 8.60 ($0.11). The stock had a trading volume of 65,219,934 shares, compared to its average volume of 51,926,031. Greatland Gold has a one year low of GBX 4.95 ($0.06) and a one year high of GBX 9.70 ($0.12). The company has a market capitalization of £1.16 billion, a price-to-earnings ratio of -19.70 and a beta of 0.73. 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 stock’s 50 day moving average is GBX 7.03 and its two-hundred day moving average is GBX 6.75.

Greatland Gold (LON:GGP) last posted its quarterly earnings results on Monday, November 18th. The company reported GBX (0.29) ($0.00) earnings per share for the quarter. As a group, analysts expect that Greatland Gold will post 1.1007194 earnings per share for the current year.

Greatland Gold Company Profile

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