Great Panther Silver Ltd (NYSEAMERICAN:GPL) (TSE:GPR) shares traded down 8.2% during mid-day trading on Thursday . The company traded as low as $0.55 and last traded at $0.56. 782,915 shares traded hands during trading, an increase of 73% from the average session volume of 451,392 shares. The stock had previously closed at $0.61.
A number of research analysts have issued reports on the company. HC Wainwright set a $2.00 price objective on Great Panther Silver and gave the company a “buy” rating in a report on Thursday, November 8th. Noble Financial reissued a “buy” rating on shares of Great Panther Silver in a report on Friday, November 2nd. Zacks Investment Research raised Great Panther Silver from a “strong sell” rating to a “hold” rating in a report on Thursday, November 1st. Finally, TheStreet cut Great Panther Silver from a “c” rating to a “d+” rating in a report on Monday, August 27th.
Great Panther Silver (NYSEAMERICAN:GPL) (TSE:GPR) last released its quarterly earnings results on Wednesday, October 31st. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.02. The business had revenue of $11.69 million during the quarter, compared to the consensus estimate of $14.74 million.
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About Great Panther Silver (NYSEAMERICAN:GPL)
Great Panther Silver Limited operates as a silver mining, and precious metals producer and exploration company. The company also explores for gold, copper, lead, and zinc ores. Its exploration properties include the El Horcón, Santa Rosa, and Plomo projects in Mexico; and the Argosy project in Canada.
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