Great Panther Silver’s (GPR) Buy Rating Reaffirmed at HC Wainwright

Great Panther Silver Ltd (TSE:GPR) (NYSE:GPL)‘s stock had its “buy” rating restated by research analysts at HC Wainwright in a research report issued on Wednesday.

Other research analysts have also recently issued research reports about the company. Eurobank EFG decreased their target price on Great Panther Silver from C$3.10 to C$2.90 in a research note on Friday, July 14th. Roth Capital reaffirmed a “buy” rating on shares of Great Panther Silver in a research note on Thursday, August 10th.

Great Panther Silver (GPR) opened at 1.67 on Wednesday. The stock has a market capitalization of $280.47 million and a price-to-earnings ratio of 92.78. Great Panther Silver has a 52-week low of $1.48 and a 52-week high of $2.95. The company has a 50-day moving average of $1.60 and a 200-day moving average of $1.92.

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In related news, Director Robert Watt Garnett sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, June 7th. The stock was sold at an average price of C$1.68, for a total transaction of C$25,200.00.

About Great Panther Silver

Great Panther Silver Limited, a silver mining and exploration company, engages in the mining of mineral properties in Mexico. It explores for silver, gold, lead, zinc, and copper ores. The company holds interests in the Topia Mine and Guanajuato Mine Complex properties. It also holds mineral property interests in the exploration stage, such as the El Horcon, Santa Rosa, and Plomo projects located in Mexico; and the Argosy project located in the Northwestern Ontario, Canada, as well as in the Coricancha Mine Complex located in the Central Andes of Peru.