Shares of Great Panther Mining Limited (NYSEAMERICAN:GPL – Get Rating) (TSE:GPR) have earned a consensus recommendation of “Buy” from the six analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $1.00.
A number of analysts have recently issued reports on the stock. HC Wainwright reissued a “buy” rating and set a $0.50 target price (down from $2.25) on shares of Great Panther Mining in a research note on Tuesday, February 8th. Zacks Investment Research lowered shares of Great Panther Mining from a “hold” rating to a “sell” rating in a research note on Wednesday.
A number of institutional investors have recently made changes to their positions in the business. UBS Group AG raised its holdings in Great Panther Mining by 66.5% in the first quarter. UBS Group AG now owns 152,734 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 60,995 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Great Panther Mining by 31.5% in the first quarter. Renaissance Technologies LLC now owns 4,461,534 shares of the basic materials company’s stock worth $1,121,000 after purchasing an additional 1,070,017 shares in the last quarter. Private Advisor Group LLC bought a new position in Great Panther Mining in the first quarter worth about $54,000. Van ECK Associates Corp raised its holdings in Great Panther Mining by 5.6% in the first quarter. Van ECK Associates Corp now owns 25,893,246 shares of the basic materials company’s stock worth $6,499,000 after purchasing an additional 1,362,160 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Great Panther Mining by 5.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 7,739,650 shares of the basic materials company’s stock worth $1,943,000 after purchasing an additional 403,130 shares in the last quarter. Institutional investors and hedge funds own 14.85% of the company’s stock.
NYSEAMERICAN GPL opened at $0.19 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The firm has a market cap of $83.05 million, a price-to-earnings ratio of -4.63 and a beta of 1.73. Great Panther Mining has a 52 week low of $0.16 and a 52 week high of $0.90.
Great Panther Mining (NYSEAMERICAN:GPL – Get Rating) (TSE:GPR) last issued its earnings results on Wednesday, March 2nd. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The company had revenue of $42.66 million for the quarter, compared to analysts’ expectations of $40.40 million. Great Panther Mining had a negative net margin of 7.00% and a negative return on equity of 18.44%. Analysts predict that Great Panther Mining will post -0.1 EPS for the current fiscal year.
About Great Panther Mining (Get Rating)
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 Amapá State, Brazil; and the Guanajuato mine complex and the Topia mine in Mexico, as well as Coricancha mine complex in the central Andes, Peru.
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