Greatland Gold (LON:GGP) Rating Reiterated by Berenberg Bank

Greatland Gold (LON:GGP)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a research report issued on Monday, Digital Look reports. They currently have a GBX 12 ($0.15) target price on the stock. Berenberg Bank’s price target would indicate a potential upside of 60.00% from the company’s current price.

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 20 ($0.25) target price on shares of Greatland Gold in a research report on Thursday, May 23rd.

Greatland Gold Stock Performance

Greatland Gold stock opened at GBX 7.50 ($0.10) on Monday. The stock’s 50 day moving average price is GBX 6.87 and its 200 day moving average price is GBX 7.16. The firm has a market capitalization of £381.75 million, a PE ratio of -938.00 and a beta of 0.69. The company has a debt-to-equity ratio of 82.97, a quick ratio of 2.36 and a current ratio of 4.40. Greatland Gold has a one year low of GBX 5.40 ($0.07) and a one year 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.