Great Panther Silver Ltd (GPL) Short Interest Down 12.9% in December

Great Panther Silver Ltd (NYSEAMERICAN:GPL) (TSE:GPR) was the target of a large decline in short interest during the month of December. As of December 29th, there was short interest totalling 1,550,141 shares, a decline of 12.9% from the December 15th total of 1,779,034 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average trading volume of 934,218 shares, the days-to-cover ratio is presently 1.7 days.

Great Panther Silver (NYSEAMERICAN:GPL) opened at $1.35 on Thursday. The firm has a market capitalization of $227.40, a P/E ratio of 135.00 and a beta of 0.37. Great Panther Silver has a 12-month low of $1.06 and a 12-month high of $2.28.

A number of analysts have issued reports on GPL shares. Zacks Investment Research raised Great Panther Silver from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 12th. HC Wainwright reaffirmed a “buy” rating and issued a $2.50 price objective on shares of Great Panther Silver in a research note on Friday, October 13th. Roth Capital set a $2.00 price objective on Great Panther Silver and gave the stock a “buy” rating in a research note on Sunday, October 15th. Finally, Noble Financial reaffirmed a “hold” rating on shares of Great Panther Silver in a research note on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. Great Panther Silver presently has a consensus rating of “Hold” and a consensus target price of $2.13.

COPYRIGHT VIOLATION NOTICE: This article was originally published by American Banking News and is the property of of American Banking News. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & international copyright and trademark law. The correct version of this article can be read at https://www.americanbankingnews.com/2018/01/11/great-panther-silver-ltd-gpl-short-interest-down-12-9-in-december.html.

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.

Receive News & Ratings for Great Panther Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Panther Silver and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply