Australia's Greatland Resources jumps to record high on upbeat quarterly sales, outlook

Greatland Resources

08/04/2026 02:11

** Shares of Australia's Greatland Resources GGP.AX rise as much as 14.2% to hit a record high

** Stock among top performers in the benchmark S&P/ASX 200 .AXJO index

** The diversified miner expects FY26 production around, or slightly above, the upper end of its production outlook range of 260,000 oz to 310,000 oz Au

** Also reports sequential rise in quarterly sales to 97,800 oz gold and 4,620t copper, up from sales of 72,212 oz gold and 3,301t copper in December quarter

** Gold miners' sub-index .AXGD up 7.2%, reflecting gains in the bullion after the U.S.-Iran ceasefire GOL/

** YTD, shares up 42.3%

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))