Greatland Resources to List Shares on AIM and ASX

Greatland Gold ( (GB:GGP) ) has shared an update.

Greatland Resources Limited has announced the application for 670,618,774 ordinary shares to be admitted to trading on the AIM and the Australian Securities Exchange (ASX). This move is part of a reorganization under the UK Scheme, positioning Greatland Resources as the new holding company of the Greatland Gold group. The shares are expected to commence trading on AIM on 23 June 2025 and on ASX on 24 June 2025, reflecting a strategic step in expanding their market presence and enhancing shareholder engagement.

The most recent analyst rating on (GB:GGP) stock is a Hold with a £7.00 price target. To see the full list of analyst forecasts on Greatland Gold stock, see the GB:GGP Stock Forecast page.

Spark’s Take on GB:GGP Stock

According to Spark, TipRanks’ AI Analyst, GB:GGP is a Neutral.

Greatland Gold’s overall stock score is significantly impacted by its weak financial position and high valuation concerns. However, strong technical indicators and positive corporate events suggest potential for future growth. The company’s success hinges on transitioning from exploration to production to improve financial stability.

To see Spark’s full report on GB:GGP stock, click here.

More about Greatland Gold

Greatland Gold plc is a gold and copper mining company listed on the London Stock Exchange’s AIM Market. It operates in Western Australia, with a portfolio that includes the Telfer mine and the Havieron gold-copper development project, providing a substantial gold-copper operation in the Paterson Province.

Average Trading Volume: 83,166,259

Technical Sentiment Signal: Buy

Current Market Cap: £2.17B

See more insights into GGP stock on TipRanks’ Stock Analysis page.