Berenberg Bank Reiterates “Buy” Rating for Greatland Gold (LON:GGP)

Berenberg Bank reaffirmed their buy rating on shares of Greatland Gold (LON:GGP) in a report issued on Monday morning, Marketbeat reports. They currently have a GBX 12 ($0.15) price objective on the stock.

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

Greatland Gold Trading Down 2.7 %

LON:GGP opened at GBX 7.30 ($0.09) on Monday. The company has a market capitalization of £371.57 million, a PE ratio of -938.00 and a beta of 0.69. The company has a quick ratio of 2.36, a current ratio of 4.40 and a debt-to-equity ratio of 82.97. Greatland Gold has a 52-week low of GBX 5.40 ($0.07) and a 52-week high of GBX 11.70 ($0.15). The stock has a fifty day simple moving average of GBX 6.99 and a 200-day simple moving average of GBX 7.14.

Greatland Gold Company Profile

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.