Great Panther Silver Ltd (NYSEMKT:GPL) (TSE:GPR) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday, October 18th.
According to Zacks, “Great Panther Silver Limited is engaged in the production of silver in Mexico. The Company has operations in Guanajuato Mine Complex and Guanajuato silver-gold mines. Great Panther Silver Limited is headquartered in Vancouver, Canada. “
GPL has been the topic of a number of other reports. Noble Financial reaffirmed a “hold” rating on shares of Great Panther Silver in a research report on Friday, August 4th. 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 target price for the company. Finally, HC Wainwright reaffirmed a “buy” rating on shares of Great Panther Silver in a research report on Wednesday, August 16th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $2.00.
Shares of Great Panther Silver (NYSEMKT GPL) traded up $0.02 during mid-day trading on Wednesday, hitting $1.16. The stock had a trading volume of 621,797 shares, compared to its average volume of 472,512. Great Panther Silver has a one year low of $1.11 and a one year high of $2.28.
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A number of institutional investors and hedge funds have recently modified their holdings of GPL. OppenheimerFunds Inc. bought a new position in Great Panther Silver during the first quarter valued at about $196,000. KCG Holdings Inc. boosted its holdings in Great Panther Silver by 82.5% during the first quarter. KCG Holdings Inc. now owns 124,454 shares of the basic materials company’s stock valued at $204,000 after purchasing an additional 56,270 shares in the last quarter. Two Sigma Securities LLC boosted its holdings in Great Panther Silver by 205.2% during the first quarter. Two Sigma Securities LLC now owns 69,002 shares of the basic materials company’s stock valued at $113,000 after purchasing an additional 46,391 shares in the last quarter. Jane Street Group LLC boosted its holdings in Great Panther Silver by 41.7% during the first quarter. Jane Street Group LLC now owns 406,169 shares of the basic materials company’s stock valued at $666,000 after purchasing an additional 119,586 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new stake in Great Panther Silver during the first quarter valued at approximately $218,000.
Great Panther Silver Company Profile
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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