King Luther Capital Management Corp grew its position in Great Panther Mining Ltd (NYSEAMERICAN:GPL) (TSE:GPR) by 100.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 200,000 shares of the basic materials company’s stock after purchasing an additional 100,000 shares during the period. King Luther Capital Management Corp owned about 0.07% of Great Panther Mining worth $171,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Van ECK Associates Corp raised its holdings in Great Panther Mining by 0.5% during the 2nd quarter. Van ECK Associates Corp now owns 18,083,485 shares of the basic materials company’s stock worth $15,458,000 after purchasing an additional 84,576 shares during the last quarter. Deutsche Bank AG lifted its stake in shares of Great Panther Mining by 484.5% in the 4th quarter. Deutsche Bank AG now owns 239,826 shares of the basic materials company’s stock valued at $170,000 after purchasing an additional 198,798 shares during the period. Millennium Management LLC acquired a new position in shares of Great Panther Mining in the 4th quarter valued at $159,000. U S Global Investors Inc. lifted its stake in shares of Great Panther Mining by 33.0% in the 1st quarter. U S Global Investors Inc. now owns 997,600 shares of the basic materials company’s stock valued at $939,000 after purchasing an additional 247,600 shares during the period. Finally, Ruffer LLP bought a new position in shares of Great Panther Mining in the 2nd quarter worth $3,858,000.

GPL has been the subject of several recent analyst reports. Noble Financial reaffirmed a “buy” rating and issued a $1.25 target price on shares of Great Panther Mining in a research note on Sunday, May 19th. HC Wainwright reissued a “buy” rating on shares of Great Panther Mining in a research report on Monday, August 19th. Finally, Zacks Investment Research cut shares of Great Panther Mining from a “hold” rating to a “strong sell” rating in a research report on Tuesday.

Shares of GPL stock traded up $0.01 during trading on Wednesday, reaching $0.78. The company’s stock had a trading volume of 44,390 shares, compared to its average volume of 982,344. Great Panther Mining Ltd has a one year low of $0.54 and a one year high of $1.19.

Great Panther Mining (NYSEAMERICAN:GPL) (TSE:GPR) last released its earnings results on Thursday, July 25th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $45.28 million during the quarter, compared to analyst estimates of $50.92 million.

Great Panther Mining Profile

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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Institutional Ownership by Quarter for Great Panther Mining (NYSEAMERICAN:GPL)

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