Mining Stocks to Buy: Great Panther Silver (GPL)
Click to Enlarge Great Panther Silver (GPL) has been in a persistent and catastrophic downturn since peaking in early 2011, falling from more than $5 a share to a 2013 low of just 65 cents. That looks to be changing now, as shares break a persistent channel resistance line that has held the stock over the last four years, save for a short reprieve back in August 2012.
The company is looking for a 10% production increase this year via its operations in Mexico. Great Panther is also pursuing development opportunities throughout Latin America. GPL is already up 4% for me since adding it to my Edge Letter Sample Portfolio on Tuesday.