Roth Capital Maintains Their Buy Rating on Great Panther Silver (GPL)


Roth Capital analyst Joseph Reagor maintained a Buy rating on Great Panther Silver (GPL) today and set a price target of $1.40. The company’s shares closed last Friday at $0.79.

According to TipRanks.com, Reagor is a 4-star analyst with an average return of 7.7% and a 40.1% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, Silvercorp Metals, and Lithium Americas.

Great Panther Silver has an analyst consensus of Moderate Buy, with a price target consensus of $1.95, representing a 144.4% upside. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $2.50 price target.

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The company has a one-year high of $1.07 and a one-year low of $0.23. Currently, Great Panther Silver has an average volume of 1.69M.

Based on the recent corporate insider activity of 42 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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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