Greatland Gold’s (GGP) “Speculative Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their speculative buy rating on shares of Greatland Gold (LON:GGP) in a research report report published on Thursday, Marketbeat reports. They currently have a GBX 20 ($0.25) price target on the stock.

Separately, Berenberg Bank reiterated a buy rating and issued a GBX 12 ($0.15) price target on shares of Greatland Gold in a report on Thursday, February 29th.

Greatland Gold Stock Performance

Shares of LON GGP opened at GBX 7.33 ($0.09) on Thursday. The company has a debt-to-equity ratio of 82.97, a quick ratio of 2.36 and a current ratio of 4.40. The company has a market cap of £373.10 million, a P/E ratio of -938.00 and a beta of 0.68. The firm’s fifty day moving average is GBX 6.32 and its two-hundred day moving average is GBX 7.66. Greatland Gold has a 52-week low of GBX 5.40 ($0.07) and a 52-week high of GBX 11.70 ($0.15).

About Greatland Gold

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.