HC Wainwright restated their buy rating on shares of Great Panther Silver Ltd (NYSEMKT:GPL) in a research note released on Wednesday.
GPL has been the topic of several other reports. Zacks Investment Research downgraded Great Panther Silver from a hold rating to a sell rating in a research report on Tuesday, July 18th. TheStreet downgraded Great Panther Silver from a c- rating to a d+ rating in a research report on Thursday, May 11th. Noble Financial reaffirmed a hold rating on shares of Great Panther Silver in a research report on Friday, August 4th. Finally, Roth Capital initiated coverage on Great Panther Silver in a research report on Thursday, August 10th. They issued a buy rating and a $2.00 price target on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of $2.25.
Great Panther Silver (GPL) opened at 1.32 on Wednesday. The stock has a market cap of $221.69 million, a PE ratio of 73.33 and a beta of 0.97. Great Panther Silver has a 12-month low of $1.11 and a 12-month high of $2.28. The firm has a 50-day moving average price of $1.26 and a 200-day moving average price of $1.46.
A number of hedge funds and other institutional investors have recently modified their holdings of GPL. Sprott Inc. increased its position in shares of Great Panther Silver by 141.4% in the second quarter. Sprott Inc. now owns 1,353,442 shares of the basic materials company’s stock valued at $1,732,000 after buying an additional 792,776 shares in the last quarter. OppenheimerFunds Inc. acquired a new position in shares of Great Panther Silver during the first quarter valued at approximately $196,000. Jane Street Group LLC increased its position in shares of Great Panther Silver by 41.7% in the first quarter. Jane Street Group LLC now owns 406,169 shares of the basic materials company’s stock valued at $666,000 after buying an additional 119,586 shares in the last quarter. Global X Management Co. LLC increased its position in shares of Great Panther Silver by 15.2% in the first quarter. Global X Management Co. LLC now owns 1,942,781 shares of the basic materials company’s stock valued at $3,161,000 after buying an additional 256,996 shares in the last quarter. Finally, KCG Holdings Inc. increased its position in shares of Great Panther Silver by 82.5% in the first quarter. KCG Holdings Inc. now owns 124,454 shares of the basic materials company’s stock valued at $204,000 after buying an additional 56,270 shares in the last quarter.
About Great Panther Silver
Great Panther Silver Ltd (Great Panther) is a Canada-based silver mining and precious metals producer and exploration company. The Company owns two producing mining operations: the Topia Mine and the Guanajuato Mine Complex (GMC). Its segments include GMC, Topia, Exploration and Corporate. The GMC operations produce silver and gold.
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