Great Panther Silver Ltd (NYSE:GPL) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday. The brokerage currently has a $1.50 price objective on the stock. Zacks Investment Research’s target price indicates a potential upside of 18.11% from the stock’s current price.

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. “

Great Panther Silver (NYSE:GPL) traded up 3.25% during midday trading on Monday, reaching $1.27. 861,203 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $1.31 and a 200 day moving average price of $1.44. The company’s market cap is $211.23 million. Great Panther Silver has a 52 week low of $0.41 and a 52 week high of $2.25.

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Great Panther Silver Company Profile

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.

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