Is GPL Stock Heading Towards $1 Mark?

Great Panther Mining caught big luck in continuously being listed on NYSE although bearing losses throughout quarters of 2021 and 2022. Since March 10 GPL has been bleeding towards zero. This obviously happened because of weak revenue generation and poor results from mining sites.

Today it has jumped abruptly without news. Perhaps visionary buyers are investing in GPL after seeing mining reports from the Tucano gold mine.

GPL’s under $1 price is surely attractive to those who think gold will be one of the best alternatives to save wealth during inflation. However, the stock is not destined to rocket while tech and EV ones dictate the overall market direction.

Is GPL Stock Heading Towards $1 Mark?

Helen Larsen

After a long week of holidays in 2020, Helen realized she can do better in reporting Finance and Business news for Own Snap. Right now she is our weekend reporter and author. Sometimes she is busy with her projects that are related to her Master's Degree in Finance.