In a report released today, Mark Reichman from Noble Financial maintained a Buy rating on Great Panther Silver (GPL). The company’s shares opened today at $0.83.
According to TipRanks.com, Reichman is ranked 0 out of 5 stars with an average return of -9.9% and a 29.3% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Avino Silver & Gold, and Sierra Metals Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Great Panther Silver with a $1.50 average price target.
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Based on Great Panther Silver’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $5.63 million. In comparison, last year the company had a GAAP net loss of $2.77 million.
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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.
