Shares of Great Panther Silver Ltd (NYSEAMERICAN:GPL) (TSE:GPR) were up 8.3% on Wednesday . The stock traded as high as $1.31 and last traded at $1.31. Approximately 2,753,844 shares were traded during mid-day trading, an increase of 126% from the average daily volume of 1,218,725 shares. The stock had previously closed at $1.21.

Several analysts have weighed in on GPL shares. Zacks Investment Research upgraded Great Panther Silver from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 18th. HC Wainwright set a $2.00 price objective on Great Panther Silver and gave the company a “buy” rating in a research report on Tuesday, October 31st. Noble Financial reiterated a “hold” rating on shares of Great Panther Silver in a research report on Tuesday, October 31st. Finally, Roth Capital set a $2.00 price objective on Great Panther Silver and gave the company a “buy” rating in a research report on Sunday, October 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. Great Panther Silver currently has a consensus rating of “Hold” and an average target price of $2.13.

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About Great Panther Silver

Great Panther Silver Ltd (Great Panther) is a Canada-based silver mining and precious metals producer and exploration company. The Company owns two producing mining operations: the Topia Mine and the Guanajuato Mine Complex (GMC). Its segments include GMC, Topia, Exploration and Corporate. The GMC operations produce silver and gold.

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