Greatland Gold (LON:GGP) Hits New 12-Month Low – Here’s Why

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

Analyst Upgrades and Downgrades

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

Greatland Gold Stock Performance

The firm has a market capitalization of £1.16 billion, a P/E ratio of -19.70 and a beta of 0.73. The stock 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 current ratio of 1.33, a quick ratio of 2.36 and a debt-to-equity ratio of 102.07.

Greatland Gold (LON:GGP) last announced its quarterly earnings results on Monday, November 18th. The company reported GBX (0.29) ($0.00) EPS for the quarter. On average, equities research analysts anticipate that Greatland Gold plc will post 1.1007194 earnings per share for the current year.

About Greatland Gold

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