🔴 Greatland Resources is trading 6.37% down on October 23, 2026, cause remains unconfirmed

Greatland Resources is trading at €5.23 (-6.37%); no specific cause for the Frankfurt-listed shares’ decline is confirmed.

• Moelis lowered its target to $11.00 from $11.40, citing revised commodity-price assumptions, and upgraded its rating from Sell to Hold.
• The note said lower near-term gold assumptions cut FY27 EBITDA estimates by 10% and NPAT forecasts by 11%.
• Broader risk-off sentiment and gold-price assumptions are relevant context, but the analyst update is not explicitly tied to the decline.