Noble Financial analyst Mark Reichman maintained a Buy rating on Great Panther Silver (GPL) yesterday and set a price target of $1.25. The company’s shares closed yesterday at $0.75.
According to TipRanks.com, Reichman ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -12.1% and a 18.6% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Avino Silver & Gold, and Pershing Gold Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Great Panther Silver with a $1.49 average price target, implying a 98.3% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $1.50 price target.
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The company has a one-year high of $1.32 and a one-year low of $0.54. Currently, Great Panther Silver has an average volume of 620.1K.
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Great Panther Silver Ltd. engages in the mining and exploration of precious materials. Its project includes El Horcon and Santa Rosa. The company was founded by Robert Alexander Archer on November 30, 1965 and is headquartered in Vancouver, Canada.
