Greatland Gold (LON:GGP) Trading Up 2% – Here’s Why

Greatland Gold plc (LON:GGP)’s stock price was up 2% during trading on Wednesday . The company traded as high as GBX 7.80 ($0.10) and last traded at GBX 7.65 ($0.10). Approximately 52,533,006 shares changed hands during mid-day trading, an increase of 100% from the average daily volume of 26,237,854 shares. The stock had previously closed at GBX 7.50 ($0.09).

Greatland Gold Trading Up 1.4 %

The stock has a market cap of £780.75 million, a price-to-earnings ratio of -938.00 and a beta of 0.73. The business’s 50 day moving average is GBX 6.52 and its 200 day moving average is GBX 6.89. The company has a debt-to-equity ratio of 82.97, a current ratio of 4.40 and a quick ratio of 2.36.

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.