Great Panther Mining (TSE:GPR) Receives Buy Rating from HC Wainwright

Great Panther Mining (TSE:GPR) (NYSE:GPL)‘s stock had its “buy” rating reissued by analysts at HC Wainwright in a report released on Wednesday, Analyst Ratings Network reports. They currently have a C$2.25 target price on the stock. HC Wainwright’s price target points to a potential upside of 287.93% from the stock’s previous close.

Shares of GPR stock opened at C$0.58 on Wednesday. The company has a debt-to-equity ratio of 35.38, a current ratio of 1.11 and a quick ratio of 0.62. Great Panther Mining has a fifty-two week low of C$0.53 and a fifty-two week high of C$1.47. The stock’s 50-day moving average is C$0.65 and its two-hundred day moving average is C$0.83. The firm has a market cap of C$206.94 million and a P/E ratio of 7.53.

Great Panther Mining (TSE:GPR) (NYSE:GPL) last issued its earnings results on Wednesday, August 4th. The company reported C($0.03) earnings per share for the quarter, hitting the consensus estimate of C($0.03). The firm had revenue of C$64.01 million during the quarter, compared to analyst estimates of C$57.63 million. As a group, research analysts expect that Great Panther Mining will post 0.2 EPS for the current year.

About Great Panther Mining

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, as well as two mines in Mexico; and the Guanajuato mine complex and the Topia mine in Mexico.

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