Canaccord Genuity Group Forecasts Strong Price Appreciation for Greatland Gold (LON:GGP) Stock

Greatland Gold (LON:GGPGet Free Report) had its target price hoisted by research analysts at Canaccord Genuity Group from GBX 19 ($0.25) to GBX 20 ($0.26) in a research report issued on Tuesday,Digital Look reports. The firm currently has a “speculative buy” rating on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 86.22% from the company’s previous close.

Greatland Gold Trading Up 3.9 %

Shares of LON GGP opened at GBX 10.74 ($0.14) on Tuesday. Greatland Gold has a twelve month low of GBX 3.63 ($0.05) and a twelve month high of GBX 10.90 ($0.14). The company has a current ratio of 1.33, a quick ratio of 2.36 and a debt-to-equity ratio of 102.07. The stock has a fifty day simple moving average of GBX 7.98 and a 200-day simple moving average of GBX 6.98. The stock has a market capitalization of £1.45 billion, a PE ratio of -24.60 and a beta of 0.73.

Greatland Gold (LON:GGPGet Free Report) last released its earnings results on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) earnings per share (EPS) for the quarter. On average, equities analysts forecast that Greatland Gold will post 1.1007194 earnings per share for the current year.

Greatland Gold Company Profile

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

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