Greatland Gold (LON:GGP) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of Greatland Gold plc (LON:GGP) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 6.54 ($0.08) and traded as high as GBX 6.73 ($0.08). Greatland Gold shares last traded at GBX 6.43 ($0.08), with a volume of 42,207,992 shares.

Greatland Gold Stock Down 3.9 %

The stock has a market cap of £645.42 million, a P/E ratio of -938.00 and a beta of 0.73. The company has a current ratio of 4.40, a quick ratio of 2.36 and a debt-to-equity ratio of 82.97. The stock’s 50-day moving average is GBX 6.54 and its 200-day moving average is GBX 6.88.

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.