Great Panther Silver Ltd (NYSEMKT:GPL) (TSE:GPR) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued on Thursday.

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. “

Several other equities research analysts also recently weighed in on the stock. HC Wainwright reissued a “buy” rating on shares of Great Panther Silver in a research report on Wednesday, August 16th. Roth Capital assumed 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, Noble Financial reissued a “hold” rating on shares of Great Panther Silver in a research report on Friday, August 4th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Great Panther Silver has an average rating of “Buy” and a consensus target price of $2.00.

Shares of Great Panther Silver (NYSEMKT:GPL) remained flat at $1.28 during trading on Thursday. The company had a trading volume of 315,151 shares. The stock has a market capitalization of $214.97 million, a price-to-earnings ratio of 71.11 and a beta of 0.97. The company’s 50-day moving average is $1.31 and its 200 day moving average is $1.30. Great Panther Silver has a 12-month low of $1.11 and a 12-month high of $2.28.

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Large investors have recently bought and sold shares of the business. Two Sigma Securities LLC grew its position in Great Panther Silver by 205.2% in the 1st quarter. Two Sigma Securities LLC now owns 69,002 shares of the basic materials company’s stock worth $113,000 after purchasing an additional 46,391 shares during the period. OppenheimerFunds Inc. bought a new stake in Great Panther Silver in the 1st quarter worth approximately $196,000. KCG Holdings Inc. grew its position 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 worth $204,000 after purchasing an additional 56,270 shares during the period. Goldman Sachs Group Inc. bought a new stake in Great Panther Silver in the 1st quarter worth approximately $218,000. Finally, Virtu KCG Holdings LLC grew its position 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 worth $256,000 after purchasing an additional 75,807 shares during the period.

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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