Greatland Gold (LON:GGP) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Greatland Gold (LON:GGP) had its price target raised by Royal Bank Of Canada from GBX 675 to GBX 816 in a report released on Thursday, Marketbeat reports. The brokerage currently has a “buy” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 15.48% from the company’s current price.

GGP has been the topic of several other reports. Canaccord Genuity Group reissued a “buy” rating and set a GBX 635 price target on shares of Greatland Gold in a research report on Tuesday, October 7th. Citigroup lifted their target price on Greatland Gold from GBX 595 to GBX 675 and gave the company a “buy” rating in a research report on Thursday, January 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 591.50.

Greatland Gold Trading Up 5.8%

LON:GGP opened at GBX 706.64 on Thursday. The company has a market cap of £4.76 billion, a P/E ratio of 5.33 and a beta of 0.73. Greatland Gold has a twelve month low of GBX 148.02 and a twelve month high of GBX 719.90. The business has a 50 day moving average price of GBX 522.45 and a two-hundred day moving average price of GBX 395.71. The company has a quick ratio of 2.36, a current ratio of 1.33 and a debt-to-equity ratio of 102.07.

About Greatland Gold

Greatland Gold plc is a mining development and exploration company with a focus on precious and base metals.