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.
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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