🔴 Greatland Resources is trading 6.37% down with no confirmed company-specific catalyst

Greatland Resources is trading at €5.23, down 6.37%, with no confirmed company-specific catalyst for the October 23 Frankfurt-listed decline.

• Moelis raised its rating to Hold from Sell and lowered its target to AUD 11.00 from AUD 11.40, citing revised commodity-price assumptions; the mixed action does not clearly explain the drop.
• Greatland’s October 26 quarterly update reported 70,131 ounces of gold production and reaffirmed FY27 guidance, but came after the Frankfurt decline.