Greatland Gold (LON:GGP) Coverage Initiated by Analysts at Numis Securities

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Equities researchers at Numis Securities assumed coverage on shares of Greatland Gold (LON:GGP) in a research report issued to clients and investors on Wednesday, ThisIsMoney.Co.Uk reports. The firm set a “buy” rating and a GBX 4 ($0.05) price target on the stock. Numis Securities’ target price would suggest a potential upside of 123.09% from the company’s current price.

Shares of Greatland Gold stock opened at GBX 1.79 ($0.02) on Wednesday. Greatland Gold has a 52-week low of GBX 0.98 ($0.01) and a 52-week high of GBX 2.52 ($0.03). The stock has a market capitalization of $59.59 million and a price-to-earnings ratio of -17.93. The company has a fifty day moving average of GBX 1.81 and a 200-day moving average of GBX 1.75.

Greatland Gold Company Profile

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.

Further Reading: Are all No-Load Funds Equal?

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