Great Panther Mining (NYSEAMERICAN:GPL) Stock Crosses Above 200 Day Moving Average of $0.00

Great Panther Mining Limited (NYSEAMERICAN:GPL) (TSE:GPR)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-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 changing hands.

Great Panther Mining Trading Down 7.8 %

The firm has a market cap of $8.84 million, a P/E ratio of -4.67 and a beta of 1.73. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.73.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GPL. Millennium Management LLC boosted its position in shares of Great Panther Mining by 70.0% during the second quarter. Millennium Management LLC now owns 301,985 shares of the basic materials company’s stock valued at $37,000 after buying an additional 124,389 shares during the period. UBS Group AG boosted its position in shares of Great Panther Mining by 66.5% during the first quarter. UBS Group AG now owns 152,734 shares of the basic materials company’s stock valued at $38,000 after buying an additional 60,995 shares during the period. Renaissance Technologies LLC boosted its position in shares of Great Panther Mining by 31.5% during the first quarter. Renaissance Technologies LLC now owns 4,461,534 shares of the basic materials company’s stock valued at $1,121,000 after buying an additional 1,070,017 shares during the period. Finally, Private Advisor Group LLC bought a new stake in shares of Great Panther Mining during the first quarter valued at approximately $54,000. Hedge funds and other institutional investors own 14.85% of the company’s stock.

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.