Citi sets AUD 13.50 target for Greatland Resources stock

Published on 10/27/2026 at 18:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September output reached 70,131 ounces on October 25, 2026. Greatland Resources stock costs EUR 5.99 at Lang & Schwarz on October 27, 2026.

Citi target and operating figures

Citi set an AUD 13.50 price target for Greatland Resources on October 26, 2026.
Greatland Resources produced 70,131 ounces of gold in the September 2026 quarter.
Greatland Resources stock costs EUR 5.99 at Lang & Schwarz on October 27, 2026 at 6:28 p.m. CEST.
The company will hold its annual meeting on November 19, 2026.

Greatland Resources, AU0000397705, Illustration mit AI erstellt.

Greatland Resources (ISIN AU0000397705) received a fresh AUD 13.50 price target from Citi on October 26, 2026, while the September quarter delivered 70,131 ounces of gold. Markets Insider reported that analyst Jack Whelan maintained a Buy rating alongside the target. The stock stood at EUR 5.99 at Lang & Schwarz on October 27, 2026 at 6:28 p.m. CEST.

September quarter sets the tone

Greatland Resources produced 70,131 ounces of gold and 2,927 tonnes of copper during the September 2026 quarter. The company reported net revenue of AUD 485.00 million and operating cash flow of AUD 289.00 million for the period. Proactive also reported AUD 1.31 billion in cash and no drawn debt at the end of September.

Price position and operating range

The primary ASX listing closed at AUD 9.46 on October 27, 2026, with a 52-week range of AUD 6.73 to AUD 15.43. Greatland Resources had a market capitalization of AUD 6.4 billion and a trailing P/E ratio of 7.69 on the same date. The euro quotation offers investors in Germany a separate trading reference.

Valuation and November date

Citi's AUD 13.50 target sits 42.71 percent above the ASX price of AUD 9.46 on October 27, 2026. That comparison uses the same currency and gives the target its clearest market context. Greatland Resources will hold its 2026 annual general meeting on November 19, 2026, at 3:00 p.m. AWST, according to Financial Times.

Comparison with peers

Greatland Resources: P/E 7.69, market capitalization AUD 6.4 billion.

Northern Star Resources (ASX, AUD): up 2.09 percent, P/E 21.85, market capitalization AUD 36.1 billion.

Evolution Mining (ASX, AUD): up 1.04 percent, P/E 16.01, market capitalization AUD 23.9 billion.

Investor view on the stock

Greatland combines producing assets at Telfer with the Havieron development project in Western Australia. The September quarter figures put production, cash generation and project spending at the center of the investment case, while Citi's AUD 13.50 target provides a dated valuation reference.

The stock stood at EUR 5.99 at Lang & Schwarz on October 27, 2026 at 6:28 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Greatland Resources stock.