Great Panther Silver’s (GPL) Hold Rating Reiterated at Noble Financial
Several other research analysts also recently weighed in on GPL. HC Wainwright restated a buy rating on shares of Great Panther Silver in a research report on Wednesday, August 16th. Roth Capital began coverage on shares of Great Panther Silver in a research report on Thursday, August 10th. They set a buy rating and a $2.00 price target for the company. Finally, Zacks Investment Research upgraded shares of Great Panther Silver from a sell rating to a hold rating in a research report on Wednesday, July 5th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of $2.00.
Shares of Great Panther Silver (GPL) opened at $1.14 on Tuesday. Great Panther Silver has a 52 week low of $1.11 and a 52 week high of $2.28.
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A number of hedge funds have recently added to or reduced their stakes in GPL. OppenheimerFunds Inc. acquired a new stake in Great Panther Silver in the 1st quarter valued at about $196,000. KCG Holdings Inc. raised its holdings in Great Panther Silver by 82.5% in the 1st quarter. KCG Holdings Inc. now owns 124,454 shares of the basic materials company’s stock valued at $204,000 after acquiring an additional 56,270 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in Great Panther Silver in the 1st quarter valued at about $218,000. Virtu KCG Holdings LLC raised its holdings in Great Panther Silver by 60.9% in the 2nd quarter. Virtu KCG Holdings LLC now owns 200,261 shares of the basic materials company’s stock valued at $256,000 after acquiring an additional 75,807 shares during the last quarter. Finally, Sprott Inc. raised its holdings in Great Panther Silver by 141.4% in the 2nd quarter. Sprott Inc. now owns 1,353,442 shares of the basic materials company’s stock valued at $1,732,000 after acquiring an additional 792,776 shares during the last quarter.
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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