Royal Bank Of Canada Boosts Greatland Gold (LON:GGP) Price Target to GBX 816

Greatland Gold (LON:GGP) had its price objective lifted by Royal Bank Of Canada from GBX 675 to GBX 816 in a note issued to investors on Thursday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 22.93% from the stock’s current price.

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

Greatland Gold Price Performance

Greatland Gold stock traded down GBX 26.50 during trading hours on Thursday, reaching GBX 663.80. 3,306,014 shares of the stock were exchanged, compared to its average volume of 2,907,223. The company has a current ratio of 1.33, a quick ratio of 2.36 and a debt-to-equity ratio of 102.07. Greatland Gold has a twelve month low of GBX 147 and a twelve month high of GBX 719.90. The company has a market cap of £4.47 billion, a P/E ratio of 5.01 and a beta of 0.73. The stock has a 50 day moving average of GBX 510.02 and a two-hundred day moving average of GBX 391.21.

Greatland Gold Company Profile

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