71 institutions hold shares in Great Panther Mining Limited (GPL), with 3.65M shares held by insiders accounting for 1.03% while institutional investors hold 23.40% of the company’s shares. The shares outstanding are 353.77M, and float is at 351.03M with Short Float at 0.71%. Institutions hold 23.16% of the Float.
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The top institutional shareholder in the company is Van Eck Associates Corporation with over 21.32 million shares valued at $18.17 million. The investor’s holdings represent 6.01% of the GPL Shares outstanding. As of Dec 30, 2020, the second largest holder is Ruffer LLP with 12.25 million shares valued at $10.44 million to account for 3.45% of the shares outstanding. The other top investors are Mirae Asset Global Investments Co., Ltd. which holds 7.02 million shares representing 1.98% and valued at over $5.98 million, while Franklin Resources, Inc. holds 1.92% of the shares totaling 6.81 million with a market value of $5.81 million.
Great Panther Mining Limited (AMEX: GPL) is 20.86% higher on its value in year-to-date trading and has touched a low of $0.23 and a high of $1.16 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GPL stock was last observed hovering at around $1.02 in the last trading session, with the day’s gains setting it 0.01% off its average median price target of $1.48 for the next 12 months. It is also 58.8% off the consensus price target high of $2.50 offered by 5 analysts, but current levels are 26.43% higher than the price target low of $1.40 for the same period.
Currently trading at $1.03, the stock is 11.23% and 17.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.89 million and changing 0.98% at the moment leaves the stock 31.52% off its SMA200. GPL registered 80.42% gain for a year compared to 6-month loss of 6.45%. The firm has a 50-day simple moving average (SMA 50) of $0.8879 and a 200-day simple moving average (SMA200) of $0.8854.
The stock witnessed a 30.79% gain in the last 1 month and extending the period to 3 months gives it a 29.77%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.95% over the week and 8.52% over the month.
Great Panther Mining Limited (GPL) has around 821 employees, a market worth around $369.91M and $257.80M in sales. Fwd P/E is 6.73. Profit margin for the company is -32.40%. Distance from 52-week low is 355.55% and -11.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-48.30%).
Great Panther Mining Limited (GPL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Great Panther Mining Limited (GPL) is a “Buy”. 5 analysts offering their recommendations for the stock have an average rating of 2.30, where 0 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Great Panther Mining Limited is expected to release its quarterly report on 05/05/2021 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $16.36M over the same period.The EPS is expected to shrink by -458.80% this year, but quarterly earnings will post 11.60% year-over-year. Quarterly sales are estimated to grow 33.00% in year-over-year returns.