Insider Selling: Greatland Gold plc (LON:GGP) Insider Sells £525,000 in Stock

Greatland Gold plc (LON:GGP) insider Gervaise Heddle sold 3,500,000 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of GBX 15 ($0.18), for a total transaction of £525,000 ($646,074.33).

Gervaise Heddle also recently made the following trade(s):

  • On Monday, May 18th, Gervaise Heddle sold 4,500,000 shares of Greatland Gold stock. The shares were sold at an average price of GBX 9 ($0.11), for a total transaction of £405,000 ($498,400.20).

Shares of LON:GGP opened at GBX 14.30 ($0.18) on Monday. The company has a 50 day moving average of GBX 12.20 and a 200 day moving average of GBX 7.07. The stock has a market cap of $539.71 million and a P/E ratio of -143.00. Greatland Gold plc has a 12 month low of GBX 0.12 ($0.00) and a 12 month high of GBX 15.70 ($0.19).

Separately, Numis Securities boosted their price objective on shares of Greatland Gold from GBX 6 ($0.07) to GBX 12 ($0.15) and gave the company a “buy” rating in a research note on Thursday, April 30th.

About Greatland Gold

Greatland Gold plc engages in the exploration and development of natural resources. It explores for gold, nickel, and cobalt deposits. The company primarily holds 100% interests in six projects, including four situated in Western Australia and two located in Tasmania. Greatland Gold plc was founded in 2005 and is based in London, the United Kingdom.

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