Greatland Gold (LON:GGP)‘s stock had its “buy” rating reiterated by Berenberg Bank in a report issued on Thursday, Digital Look reports. They presently have a GBX 26 ($0.34) price objective on the stock. Berenberg Bank’s target price points to a potential upside of 21.50% from the company’s previous close.
Separately, Canaccord Genuity restated a “speculative buy” rating and issued a GBX 25 ($0.33) price objective on shares of Greatland Gold in a report on Wednesday.
Shares of Greatland Gold stock opened at GBX 21.40 ($0.28) on Thursday. The company has a debt-to-equity ratio of 4.82, a quick ratio of 7.75 and a current ratio of 7.75. The firm has a market capitalization of £841.60 million and a price-to-earnings ratio of -214.00. The company has a fifty day moving average price of GBX 21.11. Greatland Gold has a fifty-two week low of GBX 11.40 ($0.15) and a fifty-two week high of GBX 38.50 ($0.50).
About Greatland Gold
Greatland Gold plc engages in the exploration and development of natural resources in the United Kingdom and Australia. It explores for gold, nickel, cobalt, and copper deposits. The company holds 100% interests in the Paterson project, Panorama project, Ernest Giles project, and Bromus project located in Western Australia.
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