Great Panther Silver Limited (GPL) Sees Large Growth in Short Interest
Great Panther Silver Limited (NYSEAMERICAN:GPL) (TSE:GPR) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 1,837,117 shares, an increase of 4.0% from the November 15th total of 1,765,831 shares. Based on an average trading volume of 353,146 shares, the days-to-cover ratio is presently 5.2 days. Approximately 1.1% of the company’s stock are short sold.
Several equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Great Panther Silver from a “strong sell” rating to a “hold” rating in a report on Thursday, October 12th. HC Wainwright restated a “buy” rating on shares of Great Panther Silver in a report on Wednesday, August 16th. Roth Capital set a $2.00 price objective on shares of Great Panther Silver and gave the company a “buy” rating in a report on Sunday, October 15th. Finally, Noble Financial restated a “hold” rating on shares of Great Panther Silver in a report on Tuesday, October 31st. Two equities research 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 a consensus target price of $2.00.
Shares of Great Panther Silver (NYSEAMERICAN:GPL) traded down $0.01 during midday trading on Monday, reaching $1.09. The company had a trading volume of 793,492 shares, compared to its average volume of 1,219,215. Great Panther Silver has a 52-week low of $1.08 and a 52-week high of $2.28.
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.
Receive News & Ratings for Great Panther Silver Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Panther Silver Limited and related companies with MarketBeat.com's FREE daily email newsletter.