Great Panther Silver Ltd (NYSEAMERICAN:GPL) (TSE:GPR) was the recipient of a significant decline in short interest during the month of January. As of January 12th, there was short interest totalling 1,153,798 shares, a decline of 25.6% from the December 29th total of 1,550,141 shares. Based on an average trading volume of 819,082 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.7% of the shares of the company are short sold.
Great Panther Silver (NYSEAMERICAN GPL) opened at $1.35 on Thursday. The firm has a market cap of $226.28, a PE ratio of 135.00 and a beta of 0.37. Great Panther Silver has a 52 week low of $1.06 and a 52 week high of $2.28.
A number of research firms have weighed in on GPL. HC Wainwright reiterated a “buy” rating and issued a $2.50 target price on shares of Great Panther Silver in a research note on Friday, October 13th. Roth Capital set a $2.00 target price on shares of Great Panther Silver and gave the company a “buy” rating in a research note on Sunday, October 15th. Zacks Investment Research upgraded shares of Great Panther Silver from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 12th. Finally, Noble Financial reiterated a “hold” rating on shares of Great Panther Silver in a research note on Tuesday, October 31st. One analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. Great Panther Silver currently has a consensus rating of “Hold” and an average price target of $2.13.
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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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