Great Panther Silver Receives a Buy from H.C. Wainwright

By Austin Angelo

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Great Panther Silver (NYSE MKT: GPL) today and set a price target of $2.25. The company’s shares closed yesterday at $1.40.

According to TipRanks.com, Ihle is a 4-star analyst with an average return of 9.3% and a 48.7% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Gold Standard Ventures Corp, and Americas Silver Corporation.

Great Panther Silver has an analyst consensus of Moderate Buy, with a price target consensus of $2.25.

Great Panther Silver’s market cap is currently $227.2M and has a P/E ratio of 127.27. The company has a book value ratio of 2.8471.

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Great Panther Silver Ltd. is a primary silver mining and exploration company. Its projects include El Horcon and Santa Rosa.