In a report issued on July 10, Mark Reichman from Noble Financial maintained a Hold rating on Great Panther Silver (GPL). The company’s shares closed last Saturday at $0.62.
According to TipRanks.com, Reichman is a 1-star analyst with an average return of -4.7% and a 35.5% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver, Sierra Metals, and Newrange Gold.
Currently, the analyst consensus on Great Panther Silver is a Strong Buy with an average price target of $1.50.
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The company has a one-year high of $0.98 and a one-year low of $0.23. Currently, Great Panther Silver has an average volume of 2.92M.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GPL in relation to earlier this year.
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Great Panther Mining 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.
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