Great Panther Mining (NYSEAMERICAN:GPL) Shares Cross Above 200-Day Moving Average of $0.00

Posted by Mickey Rousseau on Apr 17th, 2024

Great Panther Mining Limited (NYSEAMERICAN:GPL – Get Free Report) (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 stock has a market cap 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 current ratio of 1.04 and a quick ratio of 0.73.

Institutional Trading of Great Panther Mining

Hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC raised its stake in shares of 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 valued at $1,121,000 after buying an additional 1,070,017 shares during the period. Private Advisor Group LLC bought a new stake in shares of Great Panther Mining in the first quarter valued at $54,000. Millennium Management LLC raised its stake in shares of 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 valued at $37,000 after buying an additional 124,389 shares during the period. Finally, UBS Group AG raised its stake in shares of 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 valued at $38,000 after buying an additional 60,995 shares during the period. 14.85% of the stock is currently owned by institutional investors.

Great Panther Mining Company Profile

(Get Free Report)

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.