Eight Capital Reiterates C$1.65 Price Target for Great Panther Mining (GPR)
Eight Capital set a C$1.65 target price on Great Panther Mining (TSE:GPR) (NYSE:GPL) in a research report report published on Thursday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Great Panther Mining stock opened at C$0.90 on Thursday. The company has a quick ratio of 0.51, a current ratio of 1.01 and a debt-to-equity ratio of 44.79. The stock has a market cap of $275.82 million and a price-to-earnings ratio of -8.11. Great Panther Mining has a 52-week low of C$0.70 and a 52-week high of C$1.65.
Great Panther Mining (TSE:GPR) (NYSE:GPL) last posted its earnings results on Thursday, February 28th. The company reported C($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.01). The business had revenue of C$18.04 million for the quarter, compared to analysts’ expectations of C$22.26 million. Equities analysts forecast that Great Panther Mining will post 0.02 EPS for the current fiscal year.
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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