Great Panther Silver Limited (NYSEMKT:GPL) Position Raised by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. grew its holdings in shares of Great Panther Silver Limited (NYSEAMERICAN:GPL) (TSE:GPR) by 535.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 843,694 shares of the basic materials company’s stock after acquiring an additional 710,902 shares during the period. Goldman Sachs Group Inc. owned about 0.50% of Great Panther Silver Limited worth $1,080,000 as of its most recent SEC filing.

Shares of Great Panther Silver Limited (NYSEAMERICAN:GPL) opened at $1.17 on Wednesday. Great Panther Silver Limited has a twelve month low of $1.11 and a twelve month high of $2.28.

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A number of research firms recently commented on GPL. Noble Financial reiterated a “hold” rating on shares of Great Panther Silver Limited in a research note on Tuesday, October 31st. HC Wainwright set a $2.00 target price on Great Panther Silver Limited and gave the company a “buy” rating in a research note on Tuesday, October 31st. Zacks Investment Research upgraded Great Panther Silver Limited from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Finally, Roth Capital set a $2.00 target price on Great Panther Silver Limited and gave the company a “buy” rating in a research note on Sunday, October 15th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $2.00.

About Great Panther Silver Limited

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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