Great Panther Mining (NYSEAMERICAN:GPL) Stock Price Up 7.7%
Great Panther Mining Ltd (NYSEAMERICAN:GPL) (TSE:GPR)’s share price shot up 7.7% during mid-day trading on Wednesday . The stock traded as high as $0.57 and last traded at $0.56, 1,351,054 shares were traded during trading. An increase of 1% from the average session volume of 1,331,505 shares. The stock had previously closed at $0.52.
A number of brokerages have recently issued reports on GPL. Noble Financial upgraded shares of Great Panther Mining from a “market perform” rating to a “buy” rating in a research report on Wednesday. Roth Capital set a $1.50 price objective on shares of Great Panther Mining and gave the stock a “buy” rating in a research report on Tuesday, October 8th. HC Wainwright reissued a “buy” rating and set a $1.75 target price on shares of Great Panther Mining in a research note on Tuesday. Finally, Zacks Investment Research upgraded shares of Great Panther Mining from a “hold” rating to a “buy” rating and set a $0.75 target price on the stock in a report on Thursday.
Great Panther Mining (NYSEAMERICAN:GPL) (TSE:GPR) last posted its earnings results on Wednesday, October 30th. The basic materials company reported ($0.02) EPS for the quarter. The firm had revenue of $71.00 million for the quarter, compared to the consensus estimate of $67.61 million.
Great Panther Mining Company Profile (NYSEAMERICAN:GPL)
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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