Great Panther Silver Ltd (NYSEMKT:GPL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday.

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. “

Other equities research analysts have also issued research reports about the company. TheStreet raised Great Panther Silver from a “d+” rating to a “c-” rating in a research report on Friday, May 26th. Noble Financial reaffirmed a “hold” rating on shares of Great Panther Silver in a research report on Saturday, May 6th.

Great Panther Silver (GPL) traded up 1.60% during mid-day trading on Tuesday, hitting $1.27. The company had a trading volume of 1,014,018 shares. The company has a market capitalization of $213.21 million, a P/E ratio of 127.00 and a beta of 0.97. Great Panther Silver has a 52-week low of $1.11 and a 52-week high of $2.28. The company has a 50-day moving average price of $1.20 and a 200 day moving average price of $1.54.

Great Panther Silver (NYSEMKT:GPL) last posted its earnings results on Wednesday, May 3rd. The basic materials company reported $0.02 earnings per share (EPS) for the quarter. Great Panther Silver had a return on equity of 15.37% and a net margin of 24.57%. The firm had revenue of $12.37 million for the quarter. On average, analysts forecast that Great Panther Silver will post $0.07 EPS for the current fiscal year.

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Several large investors have recently modified their holdings of the company. Van ECK Associates Corp acquired a new stake in shares of Great Panther Silver during the fourth quarter valued at $39,718,000. Renaissance Technologies LLC raised its stake in shares of Great Panther Silver by 47.6% in the first quarter. Renaissance Technologies LLC now owns 2,711,495 shares of the basic materials company’s stock valued at $2,577,000 after buying an additional 874,200 shares during the period. Sprott Inc. raised its stake in shares of Great Panther Silver by 141.4% in the second quarter. Sprott Inc. now owns 1,353,442 shares of the basic materials company’s stock valued at $1,732,000 after buying an additional 792,776 shares during the period. Oxford Asset Management acquired a new stake in shares of Great Panther Silver during the fourth quarter valued at $550,000. Finally, Global X Management Co. LLC raised its stake in shares of Great Panther Silver by 15.2% in the first quarter. Global X Management Co. LLC now owns 1,942,781 shares of the basic materials company’s stock valued at $3,161,000 after buying an additional 256,996 shares during the period.

About Great Panther Silver

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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