Great Panther Silver Ltd (NYSE:GPL) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday. The firm presently has a $1.50 price objective on the stock. Zacks Investment Research’s price objective would suggest a potential upside of 17.65% from the stock’s previous close.
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. “
Shares of Great Panther Silver (NYSE:GPL) opened at 1.28 on Monday. The company’s 50 day moving average is $1.31 and its 200-day moving average is $1.44. The stock’s market capitalization is $212.90 million. Great Panther Silver has a 52 week low of $0.41 and a 52 week high of $2.25.
About Great Panther Silver
Great Panther Silver Limited (Great Panther) is a silver mining, and precious metals producer and exploration company. The Company holds interests in the Topia Mine and the Guanajuato Mine Complex (GMC). The Company’s segments include GMC, Topia, Exploration and Corporate. The Topia operations produce silver, gold, lead and zinc.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Great Panther Silver Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Panther Silver Ltd and related companies with MarketBeat.com's FREE daily email newsletter.