Greatland Gold (LON:GGP) Shares Up 2% – What’s Next?

Greatland Gold plc (LON:GGP) was up 2% during mid-day trading on Wednesday . The stock 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 Stock Performance

The company has a quick ratio of 2.36, a current ratio of 4.40 and a debt-to-equity ratio of 82.97. The company has a market cap of £780.75 million, a PE ratio of -938.00 and a beta of 0.73. The firm has a fifty day simple moving average of GBX 6.52 and a 200-day simple moving average of GBX 6.89.

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.