Founded in 2005, Greatland Gold PLC is a mining company listed on the London Stock Exchange under the ticker symbol GGP. Its current share price is £7.90. It is focused on exploring and developing gold and base metal projects in Australia. The company aims to target areas with known mineral deposits and apply modern exploration techniques to uncover discoveries.
The company’s flagship project is the Havieron gold-copper project, which is located in the Paterson Province of Western Australia. Greatland Gold has a joint venture agreement with Newcrest Mining, a major Australian gold mining company, to explore and develop the Havieron project. The company also has several other exploration projects in Western Australia, including the Juri prospect, the Black Hills prospect, and the Firetower project.
Greatland Gold has a solid technical team with extensive experience in mineral exploration and project development. The company is committed to conducting its exploration activities in a socially responsible manner and to working closely with local communities and stakeholders. Greatland Gold has a market capitalization of approximately £360 million as of February 2023.
Investing in Greatland Gold PLC shares can be done in several ways, but here are the most common methods:
- Through a stockbroker. You can purchase Greatland Gold PLC shares through a stockbroker. You can either do this in person by visiting a stockbroker’s office, or you can do it online through a brokerage website. Be sure to research and compare different brokers to find the best fit for your investment needs.
- Using an online trading platform. Many online platforms, such as E*TRADE, TD Ameritrade, and Robinhood, allow you to buy and sell shares. However, these platforms may charge fees, so compare costs before selecting one.
- Through a direct stock purchase plan. Some companies offer immediate stock purchase plans, which allow you to purchase shares directly from the company, bypassing the need for a broker. For example, check if Greatland Gold PLC offers this option, and if so, research its terms and fees.
Investing in Greatland Gold PLC shares may offer several potential advantages, including:
- Potential for capital appreciation. If the value of Greatland Gold PLC shares increases over time, investors may be able to sell their shares for a profit, resulting in capital appreciation.
- Exposure to the gold industry. Greatland Gold PLC is a mining company that explores and develops gold resources. Investing in the company’s shares can provide direction to the gold industry and potential opportunities for growth and diversification in a portfolio.
- Growth potential. Greatland Gold PLC is a relatively small company with significant exploration and development potential. If the company successfully discovers and develops new gold deposits, its share price may rise.
- Dividend payments. Greatland Gold PLC is not currently paying dividends. Still, as the company generates profits in the future, it may decide to distribute a portion of those profits to shareholders in the form of dividends.