Greatland Resources Ltd (LON:GGP – Get Free Report) insider Alex Borrelli sold 526,880 shares of Greatland Resources stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of GBX 700, for a total transaction of £3,688,160.
Greatland Resources Stock Down 1.4%
Shares of LON:GGP opened at GBX 620 on Friday. The stock has a market cap of £4.18 billion, a price-to-earnings ratio of 3.50 and a beta of 1.40. The company has a quick ratio of 2.36, a current ratio of 3.55 and a debt-to-equity ratio of 1.00. Greatland Resources Ltd has a 12-month low of GBX 285 and a 12-month high of GBX 800. The business’s 50 day moving average is GBX 604.22 and its 200 day moving average is GBX 658.02.
Wall Street Analyst Weigh In
Separately, Citigroup reduced their target price on shares of Greatland Resources from GBX 816 to GBX 750 and set a “buy” rating for the company in a research note on Tuesday, August 18th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Greatland Resources presently has an average rating of “Buy” and a consensus target price of GBX 733.67.
Greatland Resources Ltd is a materials company in the Gold industry.
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