UBS Sticks to Its Buy Rating for Greatland Resources (GGP)

According to TipRanks, Spry is a 5-star analyst with an average return of 11.6% and a 60.56% success rate. Spry covers the Basic Materials sector, focusing on stocks such as Evolution Mining , IGO, and BHP Group Ltd.

In addition to UBS, Greatland Resources also received a Buy from Citi’s Jack Whelan in a report issued today. However, on the same day, MA Financial Group maintained a Sell rating on Greatland Resources (LSE: GGP).

Based on Greatland Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p478.24 million and a net profit of p167.8 million. In comparison, last year the company earned a revenue of p8.29 million and had a net profit of p18.03 million

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GGP in relation to earlier this year.