Shares of Great Panther Mining Limited (NYSEAMERICAN:GPL – Get Free Report) (TSE:GPR) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.20. Great Panther Mining shares last traded at $0.19, with a volume of 1,696,500 shares.
Great Panther Mining Stock Performance
The stock has a market capitalization of $8.84 million, a PE ratio of -4.67 and a beta of 1.73. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.73 and a current ratio of 1.04.
Hedge Funds Weigh In On Great Panther Mining
Several large investors have recently bought and sold shares of GPL. 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 during the period. Millennium Management LLC raised its holdings in Great Panther Mining by 70.0% in the second quarter. Millennium Management LLC now owns 301,985 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 124,389 shares during the period. Private Advisor Group LLC acquired a new stake in Great Panther Mining in the first quarter worth $54,000. Finally, 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 during the period. 14.85% of the stock is currently owned by institutional investors and hedge funds.
About Great Panther Mining
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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