Great Panther Mining (NYSEAMERICAN:GPL) Trading Down 7.8% – What’s Next?

Great Panther Mining Limited (NYSEAMERICAN:GPL) (TSE:GPR) shares dropped 7.8% during mid-day trading on Monday . The company traded as low as $0.19 and last traded at $0.19. Approximately 1,696,500 shares traded hands during mid-day trading, an increase of 235% from the average daily volume of 506,038 shares. The stock had previously closed at $0.20.

Great Panther Mining Price Performance

The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $8.84 million, a PE ratio of -4.67 and a beta of 1.73.

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; and the Guanajuato mine complex and the Topia mine in Mexico, as well as Coricancha mine complex in the central Andes, Peru.