Equities researchers at Stonecap Securities cut their target price on shares of Great Panther Silver (NYSE: GPL) from $1.75 to $1.45 in a report issued on Friday. The firm currently has a “sector perform” rating on the stock.
Shares of Great Panther Silver (NYSE: GPL) traded up 3.82% during mid-day trading on Friday, hitting $1.36. Great Panther Silver has a 52 week low of $1.02 and a 52 week high of $2.48. The stock’s 50-day moving average is currently $1.39. The company has a market cap of $188.0 million and a P/E ratio of 31.95.
Separately, analysts at Dundee Securities cut their price target on shares of Great Panther Silver from $2.00 to $1.80 in a research note to investors on Friday. They now have a “neutral” rating on the stock.
Two equities research analysts have rated the stock with a buy rating, and two have issued a hold rating to the company. The company has an average rating of “overweight” and an average price target of $2.07.
Great Panther Silver Limited is a silver mining and exploration company. The Company’s activities are focused on the mining of precious and base metals from its two wholly owned mines in Mexico as of December 31, 2009.
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