GT Gold Corp (CVE:GTT) shares dropped 36.6% during mid-day trading on Tuesday . The stock traded as low as C$0.97 and last traded at C$1.02. Approximately 2,669,572 shares traded hands during trading, an increase of 451% from the average daily volume of 484,651 shares. The stock had previously closed at C$1.61.

GTT has been the topic of several research reports. Pi Financial set a C$3.70 price objective on GT Gold and gave the stock a “buy” rating in a report on Wednesday, October 31st. Macquarie set a C$6.00 price objective on GT Gold and gave the stock an “outperform” rating in a report on Monday, October 29th.

GT Gold (CVE:GTT) last posted its quarterly earnings data on Friday, August 24th. The company reported C($0.02) earnings per share (EPS) for the quarter. Sell-side analysts forecast that GT Gold Corp will post -0.0900000070481933 EPS for the current fiscal year.

In other GT Gold news, Director Taj Singh sold 37,412 shares of the company’s stock in a transaction on Tuesday, October 23rd. The stock was sold at an average price of C$1.80, for a total transaction of C$67,341.60.

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GT Gold Company Profile (CVE:GTT)

GT Gold Corp. primarily engages in the acquisition, exploration, and development of gold properties in Canada. It also explores for silver and copper. The company's flagship property is the Tatogga property covering an area of 43,178 hectares, which is located in the northwestern British Columbia.

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