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

Shares of Greatland Gold plc (LON:GGP) reached a new 52-week low on Friday . The company traded as low as GBX 3.63 ($0.05) and last traded at GBX 8.60 ($0.11), with a volume of 42437188 shares changing hands. The stock had previously closed at GBX 8.60 ($0.11).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 19 ($0.24) price target on shares of Greatland Gold in a research note on Thursday.

Greatland Gold Price Performance

The company has a market capitalization of £1.16 billion, a P/E ratio of -19.70 and a beta of 0.73. The company has a 50 day simple moving average of GBX 7.06 and a two-hundred day simple moving average of GBX 6.76. The company has a quick ratio of 2.36, a current ratio of 1.33 and a debt-to-equity ratio of 102.07.

Greatland Gold (LON:GGP) last released its earnings results on Monday, November 18th. The company reported GBX (0.29) ($0.00) earnings per share for the quarter. As a group, equities analysts predict that Greatland Gold plc will post 1.1007194 EPS 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.