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:

Bhakti Pavani, Euro Pacific Canada (1/22/16)
"On Jan. 19 Great Panther Silver Ltd. reported Q4/15 production of 1,002,584 oz silver equivalent. . .the company reported 2015 production of 4.16 Moz silver equivalent vs. our estimate of 4.18 Moz silver equivalent. The production was lower than expected. . .that said, the production was the highest in Great Panther's history and was above the high end of the company's guidance range of 3.8 Moz to 3.9 Moz silver equivalent."

Brien Lundin, Gold Newsletter (Jefferson Financial) (1/21/16)
"Great Panther Silver Ltd. is combining the aggregated data from its 2015 program with historical data to update the resource update for Guadalupe de los Reyes (GDLR) and build an economic evaluation. . .given the largely positive nature of the results, I would be surprised if the company didn't make the option payment and continue its work on GDLR. This likely won't be a flagship project for Great Panther, but looking at the grades involved, it could be a nice addition to its production profile as an underground open-pit gold-silver mine."

David Morgan, Golden Opportunities (1/21/16)
"Great Panther Silver Ltd.'s 2015 production guidance has been increased by 8% to 3.8–2.9 Moz silver equivalent. Cash cost guidance has been reduced. . .the company has worked consistently to increase its output and reduce operating costs."

Heiko Ihle, Rodman & Renshaw (1/20/16)
"For 2015, Great Panther Silver Ltd. produced a record of 4.16 Moz Ag eq, consisting of 2.4 Moz Ag and 21,740 oz Au. We highlight that production beat both our estimate of 4.09 Moz Ag eq and management's guidance of 3.8–3.9 Moz Ag eq for the year. . .we note that Topia reached record production of 1.07 Moz Ag eq."

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."

More Expert Comments

Experts Following This Company

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)
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.