H.C. Wainwright Sticks to Its Buy Rating for Great Panther Silver (GPL)

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Great Panther Silver (GPLResearch Report) today and set a price target of $1.75. The company’s shares closed last Monday at $0.50, close to its 52-week low of $0.40.

According to TipRanks.com, Ihle is a 1-star analyst with an average return of -0.6% and a 41.5% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, First Majestic Silver, and Golden Star Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Great Panther Silver with a $1.75 average price target.

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The company has a one-year high of $1.19 and a one-year low of $0.40. Currently, Great Panther Silver has an average volume of 1.08M.

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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.