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Greatland Gold
(LSE:GGP)
Greatland Gold (GGP) vs. iShares MSCI United Kingdom ETF (EWC)
Greatland Gold Business Overview & Revenue Model
Greatland Gold Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 8.29M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 2.78M | 0.00 | -315.00K | -347.69K | -240.83K | -132.63K | EBIT |
| -12.68M | -13.17M | -18.89M | -5.88M | -5.67M | -5.16M | EBITDA |
| -11.17M | -13.85M | -18.96M | -11.00M | -5.26M | -4.99M | Net Income Common Stockholders |
| 8.63M | -14.87M | -21.12M | -11.37M | -5.52M | -5.14M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 71.94M | 4.81M | 31.15M | 18.80M | 6.21M | 6.02M | Total Assets |
| 806.39M | 89.96M | 105.04M | 55.27M | 24.00M | 6.65M | Total Debt |
| 7.74M | 41.80M | 41.91M | 43.38M | 12.54M | 412.18K | Net Debt |
| -64.20M | 36.99M | 10.77M | 32.99M | 6.33M | -5.61M | Total Liabilities |
| 314.85M | 49.01M | 52.56M | 49.55M | 19.84M | 1.32M | Stockholders Equity |
| 491.54M | 40.95M | 52.48M | 5.73M | 4.15M | 5.33M |
| Cash Flow | Free Cash Flow | ||||
| -26.49M | -24.59M | -25.99M | -26.52M | -16.27M | -4.68M | Operating Cash Flow |
| -11.76M | -12.20M | -11.47M | -5.97M | -2.71M | -4.59M | Investing Cash Flow |
| -138.05M | -12.99M | -26.85M | -28.96M | -13.55M | -85.98K | Financing Cash Flow |
| 205.54M | -918.00K | 61.55M | 38.39M | 16.50M | 7.75M |
Greatland Gold Technical Analysis
Greatland Gold Peers Comparison
Greatland Gold Corporate Events
Greatland Gold PLC has finalized and granted employee incentive share options under its employee share plan, aligning with its strategy to enhance shareholder value. The company issued a total of 10,894,764 FY25 Performance Rights to senior team members, with vesting dependent on performance targets assessed by the Board by June 2027. Additionally, 28,677,080 Acquisition Special Exertion Performance Rights were granted to recognize the efforts in the Havieron and Telfer acquisition, with specific performance and employment conditions attached. This move aims to incentivize key personnel and align their interests with the company’s strategic goals, potentially impacting Greatland’s operational focus and stakeholder engagement.
Spark’s Take on GB:GGP Stock
According to Spark, TipRanks’ AI Analyst, GB:GGP is a Neutral.
Greatland Gold’s stock score is influenced by weak financials due to ongoing losses and lack of revenue. However, strong technical momentum and strategic corporate moves, such as acquisitions and an ASX listing, provide potential for future growth. The high P/E ratio suggests caution regarding valuation. The company’s transition to production is crucial for improving its financial stability and overall performance.
To see Spark’s full report on GB:GGP stock, click here.
Greatland Gold PLC announced the surrender of 327.7 million share options by directors and senior employees, aligning with its strategic goals and corporate governance standards ahead of a proposed cross-listing on the Australian Securities Exchange. This move is intended to reduce potential shareholder dilution, align interests with shareholders, and comply with ASX corporate governance principles, thereby positioning the company for inclusion in the S&P ASX200 Index.
Spark’s Take on GB:GGP Stock
According to Spark, TipRanks’ AI Analyst, GB:GGP is a Neutral.
Greatland Gold’s stock score is influenced by weak financials but bolstered by strong technical indicators and positive corporate events. The company’s high P/E ratio is a concern, suggesting overvaluation. The transition from exploration to production is crucial for future performance.
To see Spark’s full report on GB:GGP stock, click here.
Greatland Gold has announced an updated two-year outlook for its Telfer gold-copper mine, extending production plans through FY27 and integrating with Havieron production by FY28. This strategic move aims to ensure operational continuity and reduce costs, with Havieron’s feasibility study exploring a significant expansion in mining rates. The announcement highlights potential growth and resource conversion opportunities, positioning Greatland Gold for sustained production and financial stability.
Spark’s Take on GB:GGP Stock
According to Spark, TipRanks’ AI Analyst, GB:GGP is a Neutral.
Greatland Gold’s stock score reflects significant strategic advancements through acquisitions and positive technical indicators. However, the financial performance remains a major concern due to ongoing losses and high valuation. The company’s future depends heavily on successful transition to production and improved financial stability.
To see Spark’s full report on GB:GGP stock, click here.
Greatland Gold PLC reported a successful first quarter following its acquisition of the Telfer and Havieron projects, with gold production exceeding expectations and achieving significant cash flow. The company remains debt-free with a strong cash balance, enabling further investments in organic growth and development projects, including new mining areas and increased drilling activities, which are expected to extend the life of the Telfer mine.
Spark’s Take on GB:GGP Stock
According to Spark, TipRanks’ AI Analyst, GB:GGP is a Neutral.
Greatland Gold’s stock score reflects a mix of challenges and opportunities. The company faces significant financial risks due to ongoing losses and reliance on external financing. However, strong technical indicators and positive corporate developments, such as the ASX listing and expanded resource base, provide potential for future growth. The overvaluation of the stock remains a concern, but the strategic focus on transitioning to production could improve its long-term outlook.
To see Spark’s full report on GB:GGP stock, click here.
Greatland Gold PLC has announced its intention to cross-list on the Australian Securities Exchange (ASX) while undergoing a corporate reorganization to establish Greatland Resources Limited as its new Australian-incorporated parent company. This strategic move aims to enhance the company’s capital markets profile, facilitate greater research coverage and institutional ownership, and provide access to additional capital for long-term growth. The reorganization is expected to align the company’s corporate structure with its Australian operations, reduce costs, and offer greater flexibility for new investments. The listing on the ASX is anticipated to be completed by late June 2025, with the company continuing to trade on AIM until then.
Spark’s Take on GB:GGP Stock
According to Spark, TipRanks’ AI Analyst, GB:GGP is a Neutral.
Greatland Gold’s stock score is primarily driven by its positive technical indicators and promising corporate developments, which indicate potential future growth. However, the high financial risk due to ongoing losses, high leverage, and overvaluation dampen the overall score. The company’s ability to transition to production and improve financial stability will be crucial for future stock performance.
To see Spark’s full report on GB:GGP stock, click here.
Greatland Gold plc announced the release of its Quarterly Activities Report for the first full quarter of production from January to March 2025. The company will host a conference call on April 16, 2025, to discuss the report with shareholders, analysts, and stakeholders. This report marks a significant milestone in Greatland’s operations, potentially impacting its market positioning and providing insights into its production capabilities.
Spark’s Take on GB:GGP Stock
According to Spark, TipRanks’ AI Analyst, GB:GGP is a Neutral.
Greatland Gold’s stock score is primarily driven by its positive technical indicators and promising corporate developments, which indicate potential future growth. However, the high financial risk due to ongoing losses, high leverage, and overvaluation dampen the overall score. The company’s ability to transition to production and improve financial stability will be crucial for future stock performance.
To see Spark’s full report on GB:GGP stock, click here.
Greatland Gold PLC announced a change in the voting rights held by Firetrail Investment Pty Limited, an Australian investment firm. The firm’s voting rights in Greatland Gold decreased from 5.6606% to 4.9228% as of April 7, 2025, indicating a reduction in their stake. This adjustment in holdings may impact the company’s shareholder dynamics and influence future decision-making processes.
Spark’s Take on GB:GGP Stock
According to Spark, TipRanks’ AI Analyst, GB:GGP is a Neutral.
Greatland Gold’s stock score is primarily driven by its positive technical indicators and promising corporate developments, which indicate potential future growth. However, the high financial risk due to ongoing losses, high leverage, and overvaluation dampen the overall score. The company’s ability to transition to production and improve financial stability will be crucial for future stock performance.
To see Spark’s full report on GB:GGP stock, click here.
Greatland Gold plc has released an updated Corporate Presentation, which is now available for download. This announcement highlights the company’s ongoing efforts to provide stakeholders with comprehensive insights into its operations and strategic direction, potentially impacting its market positioning and investor relations.
Greatland Gold PLC has released its 2024 Group Mineral Resource Estimate, highlighting a significant increase in its mineral resources. The inaugural Telfer Mineral Resource Estimate reports 3.2 million ounces of gold and 117,000 tonnes of copper, underscoring the potential for extending the mine life of the Telfer operation. This development positions Greatland as a prominent player in the Australian gold and copper market, with total group resources now exceeding 10.2 million ounces of gold and 387,000 tonnes of copper. The company is focused on safe and profitable operations while exploring opportunities for further resource growth and mine life extension.
Greatland Gold plc announced its interim results for the six months ending December 31, 2024, highlighting the completion of its acquisition of 100% ownership of the Havieron gold-copper project and the Telfer gold-copper mine from Newmont Corporation. This acquisition positions Greatland as a significant Australian gold-copper producer, with the potential to optimize mining and processing operations. The company reported a strong start to production at Telfer, with substantial mined stockpiles and a maiden concentrate shipment in January 2025. Financially, Greatland raised $334 million through an oversubscribed Institutional Placing and Retail Offer, resulting in a closing cash position of £71.9 million and no debt. The company is also preparing for a cross-listing on the ASX, expected in the June 2025 quarter, which aims to enhance its capital markets profile and institutional ownership.
Greatland Gold has announced the successful completion of its maiden underground drilling program at the West Dome Underground Project, part of the Telfer site. The drilling results revealed high-grade gold and copper mineralization, confirming a promising near-mine opportunity. The project benefits from existing infrastructure, which could accelerate its development, and the company plans a second phase of drilling to further explore and define resources. This development positions Greatland Gold to potentially extend the life of its Telfer operations, offering significant value to its stakeholders.