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    GGP   GB00B15XDH89

GREATLAND GOLD PLC

(GGP)
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Greatland Gold Says Drilling Continues to Support Resource Expansion at Havieron

07/22/2021 | 02:22am EDT

By Jaime Llinares Taboada

Greatland Gold PLC said Thursday that drilling at its Havieron gold-copper project in Australia continues to support potential for resource expansion.

The London-listed mining company said drilling continues to confirm extensions to the South East Crescent and the Northern Breccia mineralization.

Chief Executive Shaun Day said the drilling program keeps on delivering, with every hole continuing to hit significant mineralization and growing the scale of the project.

Shares at 0754 GMT were down 1.6% at 18.70 pence.

Havieron is being operated by Newcrest Mining Ltd., which has a joint-venture agreement with Greatland to earn up to a 70% interest through total exploration expenditure of $65 million over a six-year period that started in 2019.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

07-22-21 0422ET

Stocks mentioned in the article
ChangeLast1st jan.
GOLD -0.03% 1753.4 Delayed Quote.-7.59%
GREATLAND GOLD PLC 0.00% 17.7 Delayed Quote.-52.85%
NEWCREST MINING LIMITED -3.10% 23.78 End-of-day quote.-7.76%
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Analyst Recommendations on GREATLAND GOLD PLC
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Financials
Sales 2021 - - -
Net income 2021 -5,00 M -6,87 M -6,87 M
Net Debt 2021 6,00 M 8,24 M 8,24 M
P/E ratio 2021 -2,38x
Yield 2021 -
Capitalization 690 M 949 M 948 M
EV / Sales 2021 -
EV / Sales 2022 589x
Nbr of Employees 8
Free-Float 94,5%
Chart GREATLAND GOLD PLC
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Greatland Gold plc Technical Analysis Chart | GGP | GB00B15XDH89 | MarketScreener
Technical analysis trends GREATLAND GOLD PLC
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 17,40 GBX
Average target price 27,43 GBX
Spread / Average Target 57,7%
EPS Revisions
Managers and Directors
Shaun Day Chief Executive Officer & Director
Christopher Toon Chief Financial Officer
Michael Alexander Borrelli Independent Non-Executive Chairman
Clive J. Latcham Independent Non-Executive Director
Paul D. Hallam Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
GREATLAND GOLD PLC-52.85%949
NEWMONT CORPORATION-7.80%44 192
BARRICK GOLD CORPORATION-19.38%32 629
PUBLIC JOINT STOCK COMPANY POLYUS-17.41%23 313
WHEATON PRECIOUS METALS CORP.-1.20%18 550
NEWCREST MINING LIMITED-7.76%14 091