Zacks Investment Research Upgrades Great Panther Mining (NYSEAMERICAN:GPL) to “Hold”
According to Zacks, “Great Panther Silver Limited is engaged in the production of silver in Mexico. The Company has operations in Guanajuato Mine Complex and Guanajuato silver-gold mines. Great Panther Silver Limited is headquartered in Vancouver, Canada. “
Several other research analysts have also recently commented on the company. HC Wainwright reissued a “buy” rating on shares of Great Panther Mining in a research report on Monday, August 19th. Noble Financial reissued a “buy” rating and set a $1.25 price target on shares of Great Panther Mining in a research report on Sunday, May 19th.
Great Panther Mining (NYSEAMERICAN:GPL) (TSE:GPR) last posted its quarterly earnings data on Thursday, July 25th. The basic materials company reported ($0.02) earnings per share for the quarter. The firm had revenue of $45.28 million during the quarter, compared to the consensus estimate of $50.92 million.
A number of hedge funds and other institutional investors have recently modified their holdings of GPL. King Luther Capital Management Corp bought a new stake in Great Panther Mining in the first quarter valued at approximately $94,000. Deutsche Bank AG raised its stake in Great Panther Mining by 484.5% in the fourth quarter. Deutsche Bank AG now owns 239,826 shares of the basic materials company’s stock valued at $170,000 after buying an additional 198,798 shares during the period. River & Mercantile Asset Management LLP bought a new stake in Great Panther Mining in the second quarter valued at approximately $427,000. ETF Managers Group LLC raised its stake in Great Panther Mining by 94.0% in the second quarter. ETF Managers Group LLC now owns 844,911 shares of the basic materials company’s stock valued at $727,000 after buying an additional 409,304 shares during the period. Finally, U S Global Investors Inc. raised its stake in Great Panther Mining by 33.0% in the first quarter. U S Global Investors Inc. now owns 997,600 shares of the basic materials company’s stock valued at $939,000 after buying an additional 247,600 shares during the period.
Great Panther Mining Company Profile
Great Panther Mining Limited operates as a precious metals mining and exploration company. It explores for silver, gold, lead, and zinc ores. The company operates three mines, including the Tucano gold mine in Amapá State, Brazil; and two silver mines in Mexico, as well as the Guanajuato mine complex and the Topia mine in Mexico.
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