Great Panther Silver Limited (NYSEAMERICAN:GPL) (TSE:GPR)’s share price rose 9.1% on Wednesday . The company traded as high as $1.20 and last traded at $1.20. Approximately 1,363,032 shares traded hands during mid-day trading, an increase of 12% from the average daily volume of 1,216,883 shares. The stock had previously closed at $1.10.

Several research firms have recently commented on GPL. Zacks Investment Research upgraded Great Panther Silver from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 18th. HC Wainwright set a $2.00 target price on Great Panther Silver and gave the company a “buy” rating in a research note on Tuesday, October 31st. Noble Financial reiterated a “hold” rating on shares of Great Panther Silver in a research note on Tuesday, October 31st. Finally, Roth Capital set a $2.00 target price on Great Panther Silver and gave the company a “buy” rating in a research note on Sunday, October 15th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $2.00.

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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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