Greatland Gold (LON:GGP) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Greatland Gold plc (LON:GGPGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 6.28 ($0.08) and traded as low as GBX 5.15 ($0.07). Greatland Gold shares last traded at GBX 5.15 ($0.07), with a volume of 55,400,140 shares traded.

Greatland Gold Stock Performance

The firm has a market cap of £555.17 million, a price-to-earnings ratio of -938.00 and a beta of 0.73. The stock has a 50-day moving average of GBX 6.28 and a 200-day moving average of GBX 6.83. The company has a debt-to-equity ratio of 82.97, a quick ratio of 2.36 and a current ratio of 4.40.

Greatland Gold Company Profile

(Get Free Report)

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.

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