Greatland Gold (GGP.L) Shares Soar 0.11% With Manufacturing Prospects

As for today, Greatland Gold shares gained 0.11%. The price is circulating at 19.02 GBP. The company benefited 0.02 GBP since the prior close at 19 GBP. The company was in stagnation for few years before the shares rose in December of 2020 topping at 36.9 GBP. Although the value has halved, the price level is in a relatively good position. The share price of Greatland Gold has dropped more than 45% in the first half of 2021. Despite this significant drop, the stock is still up more than 120% in the previous year. The anticipation of manufacturing commencing shortly appears to be boosting the price of GGP shares.

The Havieron project, Greatland Gold’s main asset, is believed to hold up to 4.2 mega-ounces of gold and other precious metals. That is roughly £5.58 billion in gold, based on today’s gold prices. The company’s market value is presently about £785 million. As a result, the GGP share price has a lot of space to rise.

Paul Meyer

Part-Time Reporter. Paul could do better in his engineering profession where he became a real pro. However, he chose the finance field to find a tranquil environment in his career. Today he creates a good number of great content for our team.

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