Greatland Gold (LON:GGP) Trading Up 2% – What’s Next?

by · The Markets Daily

Greatland Gold plc (LON:GGPGet Free Report)’s share price rose 2% during mid-day trading on Wednesday . The company traded as high as GBX 7.80 ($0.10) and last traded at GBX 7.65 ($0.10). Approximately 52,533,006 shares were traded during mid-day trading, an increase of 100% from the average daily volume of 26,237,854 shares. The stock had previously closed at GBX 7.50 ($0.10).

Greatland Gold Stock Performance

The company has a current ratio of 4.40, a quick ratio of 2.36 and a debt-to-equity ratio of 82.97. The stock has a market capitalization of £796.37 million, a price-to-earnings ratio of -938.00 and a beta of 0.73. The firm’s fifty day moving average price is GBX 6.47 and its 200 day moving average price is GBX 6.89.

Greatland Gold Company Profile

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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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