Great Panther Silver Limited (GPL) has been under a strong bear grip, hence the stock is down -18.44% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 8.28% in the past 1 week. The stock has risen by 8.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -15.7% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.39% and the 50-Day Moving Average is 5.72%. Great Panther Silver Ltd has dropped 32.87% during the last 3-month period . Year-to-Date the stock performance stands at 189.31%.
Great Panther Silver Limited (NYSEMKT:GPL): stock turned positive on Friday. Though the stock opened at $1.42, the bulls momentum made the stock top out at $1.47 level for the day. The stock recorded a low of $1.38 and closed the trading day at $1.45, in the green by 5.07%. The total traded volume for the day was 2,454,057. The stock had closed at $1.38 in the previous days trading.
Great Panther Silver Limited is a primary silver mining and exploration company. Great Panthers activities are focused on the mining of precious metals from its two wholly-owned mining operations in Mexico: the Guanajuato Mine Complex, which includes the San Ignacio Mine, and the Topia Mine in Durango. The Company holds a two-year option agreement to acquire a 100% interest in the Coricancha Mine Complex in the central Andes of Peru and holds an option to acquire a 100% interest in the advanced stage Guadalupe de los Reyes Project in Sinaloa, Mexico.