Alex Borrelli Sells 526,880 Shares of Greatland Resources (LON:GGP) Stock

Greatland Resources Ltd (LON:GGPGet Free Report) insider Alex Borrelli sold 526,880 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of GBX 700, for a total transaction of £3,688,160.

Greatland Resources Price Performance

Shares of GGP stock opened at GBX 579.51 on Wednesday. Greatland Resources Ltd has a 52-week low of GBX 285 and a 52-week high of GBX 800. The stock has a market cap of £3.91 billion, a PE ratio of 3.27 and a beta of 1.43. The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.36 and a current ratio of 3.55. The firm’s 50 day moving average price is GBX 605.82 and its two-hundred day moving average price is GBX 658.90.

Analyst Upgrades and Downgrades

Separately, Citigroup reduced their price target on Greatland Resources from GBX 816 to GBX 750 and set a “buy” rating on the stock in a research report on Tuesday, August 18th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 733.67.

Check Out Our Latest Stock Report on GGP

Greatland Resources Ltd is a materials company in the Gold industry.

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