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

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

Great Panther Mining Trading Down 7.8 %

The stock has a market cap of $8.84 million, a price-to-earnings 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

Large investors have recently bought and sold shares of the business. UBS Group AG grew its stake in 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 purchasing an additional 60,995 shares in the last quarter. Private Advisor Group LLC purchased a new position in Great Panther Mining in the first quarter valued at about $54,000. Millennium Management LLC grew its stake in 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 purchasing an additional 124,389 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in 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 purchasing an additional 1,070,017 shares in the last quarter. 14.85% of the stock is owned by institutional investors and hedge funds.

Great Panther Mining Company Profile

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.