Great Panther Silver Ltd.

Great Panther Silver Ltd. is a primary silver mining and exploration company. The company's current activities are focused on the mining of precious metals from its two wholly owned operating mines in Mexico: the Guanajuato mine complex, which includes the San Ignacio satellite mine, and the Topia mine in Durango. The company also has two exploration projects in Mexico, El Horcon and Santa Rosa, and is pursuing additional mining opportunities in the Americas.

Expert Comments:

Brien Lundin, Gold Newsletter (Jefferson Financial) (11/13/15)
"Great Panther Silver Ltd.'s revenues for Q3/15 were CA$16.8M, a 31% improvement over revenues from Q3/14. . .with potential growth through the drill bit and marginal silver operations highly levered to rising metals prices, the company is a good value at current levels. It's a Buy."

Heiko Ihle, Rodman & Renshaw (11/6/15)
"On Nov. 4, Great Panther Silver Ltd. announced Q3/15 financial results. We highlight that, although silver prices remained subdued during the quarter, the company was once again able to keep all-in sustaining costs below spot silver prices. . .moreover, Great Panther exited the quarter with $18.7M cash and no debt on its balance sheet—something that we think is helpful in surviving the current downturn in the precious metals market. In our view, the firm's strong balance sheet should enable it to continue its exploration efforts at the Guanajuato mine complex, Guadalupe de lso Reyes and the Coricancha mine."

Ash Guglani, Salman Partners (11/6/15)
"Great Panther Silver Ltd. reported its Q3/15 results with an adjusted earnings per share of CA$(0.02), in-line with our estimates. . .primarily due to cost reductions, which offset the lower realized silver price. In addition, the appreciated U.S. dollar against both the Mexican peso and the Canadian dollar contributed to the lower operating costs and higher revenue figures, respectively. . .we believe that the company's stock would be a name to long as the precious metals market turns around."

Bhakti Pavani, Euro Pacific Canada (11/6/15)
"Great Panther Silver Ltd. reported yet another solid quarter, with both cash cost and all-in sustaining cost (AISC) exceeding our estimate by decent margins. Despite depressed metal prices, which impacted the company's top line, increased production, higher ore grades and strengthening of the U.S. dollar versus the Mexican peso allowed cash cost and AISC to average $6.50/oz and $13.08/oz, respectively. . .we expect Q4/15 cash cost and AISC to be slightly higher than in Q3/15 and to average $6.47/oz and $14.82/oz, respectively."

Bhakti Pavani, Euro Pacific Canada (11/5/15)
"Great Panther Silver Ltd. reported Q3/15 results. . .revenue of CA$16.8M was below our estimate of CA$20.6M, while loss per share of CA$(0.02) was in-line with our estimate of CA$(0.02). . .cash cost and all-in sustaining cost (AISC) continue to trend lower. Cash cost of $6.50/oz was significantly below our estimate of $12.05/oz. Additionally, the cash cost declined on a quarter-over-quarter basis from $6.63/oz in Q2/15. . .AISC of $13.08/oz was significantly lower than our estimate of $18.81/oz."

Ash Guglani, Salman Partners (10/15/15)
"Great Panther Silver Ltd. reported its Q3/15 production results of 587 Koz silver and 6.1 Koz gold on a consolidated basis. Silver production was in-line with our estimates, whereas gold production beat our forecasts. . .management expects to exceed its already-increased production guidance of 3.8–3.9 Moz Ag eq, which will be driven by the increased production from San Ignacio. . .management expects to commence a 2,200m surface drill program at San Ignacio to test the strike extension with step-out drills and to upgrade the mineral resources with infill drilling."

More Expert Comments

Experts Following This Company

Angelos Damaskos, Chief Executive Officer – Sector Investment Managers Ltd
Christopher Ecclestone, Equities Strategist – Hallgarten & Co., MEDITERRANEAN RESOURCES LTD., Geodex Minerals Ltd.
Ash Guglani, Analyst – Salman Partners
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Rick Mills Ahead of the Herd
Steve Palmer, President and Chief Investment Officer – AlphaNorth Asset Management
Bhakti Pavani – Euro Pacific Canada
Florian Siegfried, Senior Portfolio Manager – AgaNola
Deborah Sterescu Proactive Investors
Jay Taylor, Author Gold, Energy & Tech Stocks
Olivier Tielens, Mining and Metals Investment Advisor

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.