Great Panther Silver Ltd (NYSEAMERICAN:GPL) (TSE:GPR) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 1,181,947 shares, an increase of 2.4% from the January 12th total of 1,153,798 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 593,744 shares, the short-interest ratio is currently 2.0 days.
Shares of Great Panther Silver (NYSEAMERICAN GPL) opened at $1.14 on Friday. Great Panther Silver has a 52 week low of $1.06 and a 52 week high of $2.28. The firm has a market capitalization of $192.78, a price-to-earnings ratio of 114.00 and a beta of 0.36.
A number of analysts have weighed in on GPL shares. Zacks Investment Research upgraded Great Panther Silver from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 18th. HC Wainwright set a $2.00 price target on Great Panther Silver and gave the company a “buy” rating in a research note on Tuesday, October 31st. Noble Financial restated a “hold” rating on shares of Great Panther Silver in a research note on Tuesday, October 31st. Finally, Roth Capital set a $2.00 price target on Great Panther Silver and gave the company a “buy” rating in a research note on Sunday, October 15th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $2.13.
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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