Greatland Gold (LON:GGP) Shares Pass Above 50-Day Moving Average – Time to Sell?

Greatland Gold plc (LON:GGPGet Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 354.57 and traded as high as GBX 403. Greatland Gold shares last traded at GBX 400, with a volume of 3,829,272 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 635 price target on shares of Greatland Gold in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Greatland Gold has an average rating of “Moderate Buy” and an average target price of GBX 437.50.

Get Our Latest Stock Report on GGP

Greatland Gold Price Performance

The company has a debt-to-equity ratio of 102.07, a quick ratio of 2.36 and a current ratio of 1.33. The stock has a market capitalization of £2.64 billion, a price-to-earnings ratio of 2.97 and a beta of 0.73. The company has a 50-day moving average of GBX 354.57 and a 200-day moving average of GBX 312.46.

About Greatland Gold

(Get Free Report)

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

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