Greatland Gold plc 60.4% potential upside indicated by Berenberg Bank

Greatland Gold plc with ticker (LON:GGP) now has a potential upside of 60.4% according to Berenberg Bank.



Berenberg Bank set a target price of 12 GBX for the company, which when compared to the Greatland Gold plc share price of 7 GBX at opening today (16/02/2024) indicates a potential upside of 60.4%. Trading has ranged between 6 (52 week low) and 12 (52 week high) with an average of 10,871,990 shares exchanging hands daily. The market capitalisation at the time of writing is £371,597,384.

Greatland Gold plc is a United Kingdom-based mining development and exploration company, which is focused on precious and base metals. The principal activities of the Company consist of the development of the Havieron gold-copper project (Havieron) and the exploration and evaluation of mineral tenements within Australia. The Havieron Project is a gold-copper project, which is located approximately 45 kilometers from Newcrest’s Telfer mine and is under development in Joint Venture with Newcrest Mining. Its projects also include the Ernest Giles Project, the Panorama Project and the Bromus Project. The Ernest Giles Project is located in central Western Australia. The Panorama Project is located in the Pilbara region of Western Australia. The Bromus Project is located over 25 kilometers southwest of Norseman in the southern Yilgarn region of Western Australia. Its other projects include the Scallywag Project, the Rudall and Canning projects.