Great Panther Silver Limited (GPL) : Traders are bullish on Great Panther Silver Limited (GPL) as it has outperformed the S&P 500 by a wide margin of 1.29% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.34%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.5% in the last 1 week, and is up 0.75% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 1.06%.The 200 Day SMA reached 16.1%
Great Panther Silver Limited (NYSEMKT:GPL): The stock was completely flat for the day, closing at $1.35 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $1.36, the stock touched an intraday high of $1.38 and a low of $1.32. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $1.35. The total trading volume on Friday was 774,993.
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.