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

Greatland Gold plc (LON:GGP) hit a new 52-week low during mid-day 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 traded. The stock had previously closed at GBX 5.74 ($0.07).

Wall Street Analyst Weigh In

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

Greatland Gold Stock Performance

The company has a debt-to-equity ratio of 82.97, a current ratio of 4.40 and a quick ratio of 2.36. The stock has a market capitalization of £281.99 million, a P/E ratio of -938.00 and a beta of 0.67. The company has a fifty day moving average of GBX 6.48 and a two-hundred day moving average 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.