Greatland Gold (LON:GGP) Given “Speculative Buy” Rating at Canaccord Genuity Group

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

Greatland Gold Stock Performance

GGP traded up GBX 0.40 ($0.01) during trading on Thursday, reaching GBX 8.60 ($0.11). 65,219,934 shares of the company’s stock were exchanged, compared to its average volume of 51,926,031. The company’s fifty day simple moving average is GBX 7.03 and its 200-day simple moving average is GBX 6.75. The stock 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 debt-to-equity ratio of 102.07, a current ratio of 1.33 and a quick ratio of 2.36. Greatland Gold has a 1 year low of GBX 4.95 ($0.06) and a 1 year high of GBX 9.70 ($0.12).

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

About Greatland Gold

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