HC Wainwright Reiterates Buy Rating for Great Panther Silver (GPL)

Great Panther Silver (NYSEAMERICAN:GPL) (TSE:GPR)‘s stock had its “buy” rating reissued by stock analysts at HC Wainwright in a report issued on Tuesday. They currently have a $2.25 price objective on the basic materials company’s stock. HC Wainwright’s target price points to a potential upside of 71.76% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Zacks Investment Research upgraded Great Panther Silver from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 18th. Noble Financial reiterated a “hold” rating on shares of Great Panther Silver in a research report on Tuesday, October 31st. Finally, Roth Capital set a $2.00 price objective on Great Panther Silver and gave the stock a “buy” rating in a research report on Sunday, October 15th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $2.13.

Great Panther Silver (GPL) opened at $1.31 on Tuesday. Great Panther Silver has a 52-week low of $1.06 and a 52-week high of $2.28.

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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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