Greatland Gold (LON:GGP) Earns “Buy” Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Greatland Gold (LON:GGP) in a research note published on Monday morning, Marketbeat reports. Berenberg Bank currently has a GBX 12 ($0.15) target price on the stock.

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

Greatland Gold Stock Performance

GGP opened at GBX 7.50 ($0.09) on Monday. The firm has a market cap of £381.75 million, a P/E ratio of -938.00 and a beta of 0.69. Greatland Gold has a 12 month low of GBX 5.40 ($0.07) and a 12 month high of GBX 11.70 ($0.15). 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 50-day moving average of GBX 6.96 and a 200 day moving average of GBX 7.14.

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.