Great Panther Mining Limited (AMEX: GPL): Do Not Miss The Gain Train


Great Panther Mining Limited (GPL) concluded trading on 08/26/20 at a closing price of $1.01, with 3.28 million shares of worth about $3.31 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of 0.00% during that period and on Wednesday the price saw a gain of about 5.74%. Currently the company’s common shares owned by public are about 353.08M shares, out of which, 350.76M shares are available for trading.

A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 4 analysts are covering the GPL stock and their offered price forecasts bring an average price target of $1.52. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $2.00 and could fall to a lowest price of $1.10. Analysts also issued an outlook of 2.30 for the Great Panther Mining Limited stock for next 12 months. However, touching the estimated high of $2.00 would mean a gain of 49.5% for the stock.

VanEck Vectors – Junior Gold Mine, Global X Silver Miners ETF, and LF Ruffer Investment Funds – Gold are the top 3 mutual funds which are holding stakes in Great Panther Mining Limited VanEck Vectors – Junior Gold Mine is currently holding 17.35 million shares of worth totaling $14.23 million. The company recently came buying 0.23 million shares which brought its stake up to 5.56% of the company’s outstanding shares. Global X Silver Miners ETF bought 96858.0 shares, after which its hold over company’s outstanding shares expand to 2.36%, leaving 7.39 million shares with the mutual fund that have a worth of about $6.06 million. LF Ruffer Investment Funds – Gold, after buying 6.11 million shares, have now control over 1.96% of the stake in the company. It holds 0.0 shares of worth $5.01 million.

Great Panther Mining Limited (AMEX: GPL) started trading at $0.92, below -$0.04 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $1.01, or with a gain of 5.74%. Stock saw a price change of 0.00% in past 5 days and over the past one month there was a price change of 21.26%. Year-to-date (YTD), GPL shares are showing a performance of 98.04% which increased to 21.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.23 but also hit the highest price of $1.07 during that period. While comparing its average daily trading volume of 3.71 million shares, we see that about 3.28 million changed hands on the day. The stock is currently trading 8.55% above its 20-day simple moving average (SMA20), while that difference is up 39.42% for SMA50 and it goes to 88.80% higher than SMA200.

Great Panther Mining Limited (AMEX: GPL) currently have 353.08M outstanding shares and institutions hold larger chunk of about 15.10% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.

The stock has a current market capitalization of $353.79M and its 3Y-monthly beta is at 2.08. It has posted earnings per share of -$0.35 in the same period. It has Quick Ratio of 0.80 while making debt-to-equity ratio of 0.81. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GPL, volatility over the week remained 8.08% while standing at 8.09% over the month.

Analysts are in expectations that Great Panther Mining Limited (GPL) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter ESPS is $0.01 and it is $0.03 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.02 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -458.80% while it is estimated to decrease by -25.00% in next year.

Analysts at 4 brokerage firms have issued recommendations for the Great Panther Mining Limited (GPL)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.30. Out of those 4 Wall Street analysts, 4 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH Capital on August 10, 2017 offering a Buy rating for the stock and assigned a target price of $2 to it. Coverage by H.C. Wainwright stated Great Panther Mining Limited (GPL) stock as a Buy in their note to investors on October 22, 2014, suggesting a price target of $1.40 for the stock. On July 19, 2012, Global Hunter Securities Downgrade their recommendations, while on August 17, 2011, Global Hunter Securities Upgrade their ratings for the stock with a price target of $4.25. Stock get a Accumulate rating from Global Hunter Securities on July 11, 2011.


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