Greatland Resources Ltd (LON:GGP – Get Free Report) insider Alex Borrelli sold 526,880 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of GBX 700, for a total value of £3,688,160.
Greatland Resources Stock Performance
Greatland Resources stock opened at GBX 579.51 on Wednesday. The stock has a 50-day simple moving average of GBX 605.82 and a 200 day simple moving average of GBX 658.90. The stock has a market capitalization of £3.91 billion, a price-to-earnings ratio of 3.27 and a beta of 1.43. The company has a quick ratio of 2.36, a current ratio of 3.55 and a debt-to-equity ratio of 1.00. Greatland Resources Ltd has a 12-month low of GBX 285 and a 12-month high of GBX 800.
Analyst Upgrades and Downgrades
Separately, Citigroup dropped their price objective on shares of Greatland Resources from GBX 816 to GBX 750 and set a “buy” rating for the company in a research report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Greatland Resources presently has an average rating of “Buy” and a consensus price target of GBX 733.67.
Greatland Resources Ltd is a materials company in the Gold industry.
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