Great Panther Mining (TSE:GPR) Shares Cross Below 50-Day Moving Average – Time to Sell?

Great Panther Mining Limited (TSE:GPRGet Free Report) (NYSE:GPL) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.09 and traded as low as C$1.06. Great Panther Mining shares last traded at C$1.09, with a volume of 6,795 shares trading hands.

Great Panther Mining Price Performance

The stock has a market capitalization of C$51.57 million and a price-to-earnings ratio of -6.19. The company has a quick ratio of 0.31, a current ratio of 0.83 and a debt-to-equity ratio of 75.05. The firm’s 50 day simple moving average is C$1.09.

About Great Panther Mining

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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.

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