Great Panther Upgraded to Buy Rating

The Street reported that Great Panther Silver (AMEX:GPL) has been upgraded due to strong financial performance.

As quoted in the market news:

GPL’s debt-to-equity ratio is very low at 0.00 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 10.29, which clearly demonstrates the ability to cover short-term cash needs.

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