Great Panther Silver Lowered to “Sell” at TheStreet (GPL)
Great Panther Silver (NYSE:GPL) was downgraded by analysts at TheStreet from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, American Banking News reports.
The analysts wrote, “Great Panther Silver (AMEX:GPL) has been downgraded by TheStreet Ratings from hold to sell. The company’s weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income and disappointing return on equity.”
Great Panther Silver (NYSE:GPL) traded up 1.76% during mid-day trading on Wednesday, hitting $0.865. 281,739 shares of the company’s stock traded hands. Great Panther Silver has a 1-year low of $0.65 and a 1-year high of $2.28. The stock has a 50-day moving average of $1.0 and a 200-day moving average of $0.96. The company’s market cap is $119.5 million.
Great Panther Silver Limited is a silver mining and exploration company. The Company’s activities are focused on the mining of precious and base metals from its two wholly owned mines in Mexico as of December 31, 2009.
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