Great Panther Mining Limited (NYSEAMERICAN:GPL) (TSE:GPR)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.83. Great Panther Mining shares last traded at $0.82, with a volume of 1,017,298 shares.
A number of analysts recently weighed in on GPL shares. TheStreet raised shares of Great Panther Mining from a “d” rating to a “c-” rating in a research note on Thursday, March 25th. Roth Capital reduced their target price on shares of Great Panther Mining from $1.50 to $1.40 and set a “buy” rating for the company in a report on Friday, January 15th. Finally, Zacks Investment Research upgraded shares of Great Panther Mining from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 10th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $1.72.
The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.26. The stock has a 50-day moving average of $0.83. The company has a market cap of $291.19 million, a price-to-earnings ratio of -5.79 and a beta of 1.75.
Great Panther Mining (NYSEAMERICAN:GPL) (TSE:GPR) last released its quarterly earnings data on Thursday, March 4th. The basic materials company reported $0.02 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.02. Great Panther Mining had a positive return on equity of 33.61% and a negative net margin of 16.04%. The business had revenue of $68.71 million for the quarter, compared to analyst estimates of $64.40 million. On average, equities analysts expect that Great Panther Mining Limited will post 0.11 earnings per share for the current year.
Large investors have recently made changes to their positions in the company. Van ECK Associates Corp lifted its holdings in Great Panther Mining by 14.1% in the 3rd quarter. Van ECK Associates Corp now owns 20,002,656 shares of the basic materials company’s stock valued at $17,760,000 after purchasing an additional 2,469,066 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Great Panther Mining by 50.2% in the 4th quarter. Renaissance Technologies LLC now owns 6,184,372 shares of the basic materials company’s stock valued at $5,273,000 after purchasing an additional 2,067,505 shares in the last quarter. Te Ahumairangi Investment Management Ltd purchased a new position in Great Panther Mining in the 3rd quarter valued at $665,000. ETF Managers Group LLC lifted its holdings in Great Panther Mining by 25.2% in the 4th quarter. ETF Managers Group LLC now owns 2,409,879 shares of the basic materials company’s stock valued at $2,064,000 after purchasing an additional 484,993 shares in the last quarter. Finally, Diametric Capital LP purchased a new position in Great Panther Mining in the 4th quarter valued at $115,000. Hedge funds and other institutional investors own 20.83% of the company’s stock.
Great Panther Mining Company Profile (NYSEAMERICAN:GPL)
Great Panther Mining Limited operates as a precious metals mining and exploration company. It explores for gold, silver, copper, lead, and zinc ores. The company operates three mines, including the Tucano gold mine in AmapÃ¡ State, Brazil, as well as two mines in Mexico; and the Guanajuato mine complex and the Topia mine in Mexico.
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