TSX:GPR

Stock Analysis Report

Great Panther Mining

Executive Summary

Great Panther Mining Limited operates as a precious metals mining and exploration company.


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.

Share Price & News

How has Great Panther Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GPR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.1%

GPR

-1.3%

CA Metals and Mining

-4.8%

CA Market


1 Year Return

-40.0%

GPR

6.3%

CA Metals and Mining

0.1%

CA Market

Return vs Industry: GPR underperformed the Canadian Metals and Mining industry which returned 6.3% over the past year.

Return vs Market: GPR underperformed the Canadian Market which returned 0.1% over the past year.


Shareholder returns

GPRIndustryMarket
7 Day-5.1%-1.3%-4.8%
30 Day-1.3%3.6%-3.2%
90 Day33.9%9.3%-1.0%
1 Year-40.0%-40.0%7.1%6.3%3.3%0.1%
3 Year-68.8%-68.8%1.3%-0.5%12.9%2.7%
5 Year0%0%27.5%23.8%29.2%10.3%

Price Volatility Vs. Market

How volatile is Great Panther Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Great Panther Mining undervalued compared to its fair value and its price relative to the market?

1.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GPR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GPR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GPR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: GPR is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GPR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GPR is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Great Panther Mining forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

81.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).

Earnings vs Market: GPR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GPR's is expected to become profitable in the next 3 years.

Revenue vs Market: GPR's revenue (16.1% per year) is forecast to grow faster than the Canadian market (4.7% per year).

High Growth Revenue: GPR's revenue (16.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GPR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Great Panther Mining performed over the past 5 years?

11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GPR is currently unprofitable.

Growing Profit Margin: GPR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GPR is unprofitable, but has reduced losses over the past 5 years at a rate of 11.3% per year.

Accelerating Growth: Unable to compare GPR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GPR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: GPR has a negative Return on Equity (-14.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Great Panther Mining's financial position?


Financial Position Analysis

Short Term Liabilities: GPR's short term assets ($96.7M) exceed its short term liabilities ($84.0M).

Long Term Liabilities: GPR's short term assets ($96.7M) exceed its long term liabilities ($55.2M).


Debt to Equity History and Analysis

Debt Level: GPR's debt to equity ratio (19.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GPR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: GPR has a high level of physical assets or inventory.

Debt Coverage by Assets: GPR's debt is covered by short term assets (assets are 3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GPR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GPR has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -15.7% each year.


Next Steps

Dividend

What is Great Panther Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GPR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GPR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GPR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GPR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GPR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Jeffrey Mason (62yo)

0.3yrs

Tenure

US$122,490

Compensation

Mr. Jeffrey Robert Mason, B.Com, CA, ICD.D, has been Chairman of the Board at Great Panther Mining Limited since July 15, 2019 and also serves as its Interim President and Chief Executive Officer since Oct ...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Mason
Chairman0.3yrsUS$122.49k0.011% $26.6k
Jim Zadra
CFO & Corporate Secretary7.6yrsUS$849.74k0.039% $91.1k
Paula Fregonese
Vice President of Social Responsibility0yrsUS$296.30kno data
Neil Hepworth
Chief Operating Officer0.3yrsno datano data
David Wiens
Vice President of Corporate Finance & Treasury0.3yrsno datano data
Fernando Cornejo Rojas
Vice President of Projects & Technical Services0.6yrsno data0.0021% $5.0k
Alex Heath
Director of Corporate Development & Investor Relations0yrsno datano data
Lucie Gagnon
Vice President of People & Culture0.3yrsno datano data
Henry Chung
Corporate Controller10.9yrsno datano data
Craig Mackay
Vice President of Technical Services and Manager of Geoinformation & IT Services15.1yrsno datano data

0.5yrs

Average Tenure

Experienced Management: GPR's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Mason
Chairman0.3yrsUS$122.49k0.011% $26.6k
W. Mullin
Independent Director6.5yrsUS$136.16k0.0085% $20.0k
Kevin Ross
Independent Director0.8yrsno data0.0085% $20.0k
Robert Archer
Non-Independent Director15.8yrsUS$83.57k0.41% $968.6k
Peter Jennings
Independent Director7.7yrsUS$156.02k0.025% $59.3k
Robert Garnett
Independent Director8.8yrsUS$219.88k0.031% $72.5k
Elise Rees
Independent Director2.8yrsUS$126.44k0.0088% $20.6k

6.5yrs

Average Tenure

65yo

Average Age

Experienced Board: GPR's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GPR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 40.9%.


Top Shareholders

Company Information

Great Panther Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Great Panther Mining Limited
  • Ticker: GPR
  • Exchange: TSX
  • Founded: 1965
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$233.956m
  • Shares outstanding: 311.94m
  • Website: https://www.greatpanther.com

Number of Employees


Location

  • Great Panther Mining Limited
  • 200 Granville Street
  • Suite 1330
  • Vancouver
  • British Columbia
  • V6C 1S4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GPLAMEX (NYSE MKT LLC)YesCommon SharesUSUSDAug 1981
GPRTSX (The Toronto Stock Exchange)YesCommon SharesCACADAug 1981
G3UDB (Deutsche Boerse AG)YesCommon SharesDEEURAug 1981
0R0DLSE (London Stock Exchange)YesCommon SharesGBCADAug 1981

Biography

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. Its exploration properties also include the El Horcón, Santa Rosa, and Plomo projects in Mexico; the Tartaruga project in Brazil; and the Argosy project in Canada. The company was formerly known as Great Panther Silver Limited and changed its name to Great Panther Mining Limited in March 2019. Great Panther Mining Limited was founded in 1965 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 00:54
End of Day Share Price2020/02/26 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.