Movers and SHAKERS
Wednesday, April 22, 2020
Great Panther Mining Limited (GPL)
New Leadership Takes the Field
Great Panther Mining Limited, headquartered in Vancouver, Canada, is a precious metals mining and exploration company that operates three mines. These include: 1) the Tucano gold mine in Amapa State, Brazil, 2) the Guanajuato mine complex which includes the Guanajuato and San Ignacio mines in Mexico, and 3) the Topia mine in Mexico. Great Panther also owns the Coricancha Mine in Peru, which is expected to restart operations in 2020. The shares are traded under the ticker "GPR" on the Toronto Stock Exchange and under the ticker "GPL" on the NYSE American.
Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Executive Appointments. Mr. Rob Henderson has been appointed President and CEO effective April 21. Previously, Mr. Henderson served as President and CEO of Amerigo Resources Ltd., a copper producer with assets in Chile. Additionally, Ms. Meghan Brown joined the company as Vice President, Investor Relations. Ms. Brown served as Vice President, Investor Relations at Leagold Mining Corporation until its March 2020 merger with Equinox Gold.
Three new board members. Effective immediately, the Board appointed Mr. David Garofalo as Chair. Mr. Garofalo was President and CEO of Goldcorp Inc. until its sale to Newmont Corporation in April 2019. Additionally, Mr. Joseph Gallucci and Mr. Alan Hair joined the board of directors. Mr. Jeffrey Mason, previous Chair and interim CEO, will provide consulting services to facilitate the transition of executive responsibilities. Mr. Robert Archer will not stand for re-election to the Board at the 2020 Annual General Meeting but will continue to...
This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.