Greatland Gold (LON:GGP) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Greatland Gold plc (LON:GGPGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 6.49 ($0.08) and traded as low as GBX 6.10 ($0.08). Greatland Gold shares last traded at GBX 6.40 ($0.08), with a volume of 24,907,141 shares.

Greatland Gold Trading Up 2.9 %

The company has a current ratio of 4.40, a quick ratio of 2.36 and a debt-to-equity ratio of 82.97. The stock has a market cap of £666.24 million, a price-to-earnings ratio of -938.00 and a beta of 0.73. The company has a fifty day simple moving average of GBX 6.49 and a 200-day simple moving average of GBX 6.77.

About Greatland Gold

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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.

Further Reading

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