Canaccord Genuity Group Issues Positive Forecast for Greatland Gold (LON:GGP) Stock Price

Greatland Gold (LON:GGP) had its price target increased by Canaccord Genuity Group from GBX 19 ($0.25) to GBX 20 ($0.26) in a research report issued to clients and investors on Tuesday,Digital Look reports. The brokerage currently has a “speculative buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 95.12% from the company’s current price.

Greatland Gold Stock Performance

LON:GGP traded up GBX 0.69 ($0.01) on Tuesday, hitting GBX 10.25 ($0.13). The stock had a trading volume of 137,038,016 shares, compared to its average volume of 54,944,563. The stock has a market cap of £1.39 billion, a price-to-earnings ratio of -23.47 and a beta of 0.73. The company has a quick ratio of 2.36, a current ratio of 1.33 and a debt-to-equity ratio of 102.07. The business’s 50-day simple moving average is GBX 7.98 and its two-hundred day simple moving average is GBX 6.98. Greatland Gold has a 52-week low of GBX 3.63 ($0.05) and a 52-week high of GBX 10.70 ($0.14).

Greatland Gold (LON:GGP) last announced its earnings results on Tuesday, March 4th. The company reported GBX 0.22 ($0.00) earnings per share (EPS) for the quarter. As a group, research analysts predict that Greatland Gold will post 1.1007194 earnings per share for the current year.

Greatland Gold Company Profile

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