Great Panther Mining Limited (NYSEAMERICAN:GPL) (TSE:GPR) has received a consensus rating of “Hold” from the six ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $1.44.
GPL has been the subject of several research analyst reports. Zacks Investment Research cut Great Panther Mining from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Cantor Fitzgerald cut Great Panther Mining from a “buy” rating to a “hold” rating and set a $1.00 target price for the company. in a research report on Friday, October 8th. HC Wainwright reiterated a “buy” rating and set a $2.25 target price on shares of Great Panther Mining in a research report on Wednesday, September 22nd. Finally, Alliance Global Partners reiterated a “buy” rating and set a $1.20 target price on shares of Great Panther Mining in a research report on Friday, October 8th.
Shares of NYSEAMERICAN GPL traded up $0.01 during trading on Friday, hitting $0.50. The company had a trading volume of 10,377 shares, compared to its average volume of 2,889,931. The company has a quick ratio of 0.76, a current ratio of 1.11 and a debt-to-equity ratio of 0.01. Great Panther Mining has a 12 month low of $0.42 and a 12 month high of $1.16. The company has a market capitalization of $176.65 million, a P/E ratio of 8.25 and a beta of 1.78.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GPL. Mutual Advisors LLC bought a new stake in shares of Great Panther Mining in the 1st quarter valued at approximately $31,000. Toroso Investments LLC bought a new stake in shares of Great Panther Mining in the 1st quarter valued at approximately $37,000. HRT Financial LP bought a new stake in shares of Great Panther Mining in the 1st quarter valued at approximately $81,000. UBS Group AG lifted its stake in shares of Great Panther Mining by 44.8% in the 1st quarter. UBS Group AG now owns 64,635 shares of the basic materials company’s stock valued at $50,000 after purchasing an additional 20,000 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in shares of Great Panther Mining in the 1st quarter valued at approximately $64,000. Institutional investors and hedge funds own 17.16% of the company’s stock.
Great Panther Mining Company Profile
Great Panther Mining Ltd. engages in the mining and exploration of precious materials. It operates through the following segments: Operations; Coricancha, Exploration, and Corporate. The Operations segment involves in the Tucano, the GMC, and Topia mining operations. The Coricancha segment focuses in the gold-silver-copper-lead-zinc mining in central Andes of Peru.
Further Reading: What is the CBOE Russell 2000® Volatility Index?
Receive News & Ratings for Great Panther Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Panther Mining and related companies with MarketBeat.com's FREE daily email newsletter.