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:

"Great Panther Silver Ltd.'s latest quarterly results are amazing. The company generated higher production levels and lower cash costs despite a stronger U.S. dollar. Production was up over 50%. All-in sustaining costs dropped about 50%. I was very pleased with the numbers that Great Panther was able to deliver. It is making money on every ounce of silver it produces, although it did report a net loss due to currency exchange issues. So I'm positive going forward." read more >

"Great Panther Silver Ltd.'s stock has suffered lately after some exchange-traded funds sold their positions. But it made two acquisitions over the last few months that are interesting. It bought an option on the Coricancha polymetallic gold-silver-zinc deposit in Peru from Nyrstar. If it wants to execute its option to buy the whole project, including the infrastructure, mill, everything on site, the price would be around US$18M. It has a 124 Moz silver equivalent Inferred resource and 22 Moz silver equivalent Measured and Indicated resource. So it's a big resource. Great Panther is reviewing the mine plan to see if it can find cost efficiencies. Then it will decide if it wants to execute on the option. I think that's smart. Great Panther is a stock to watch." read more >

Jay Taylor, Gold, Energy & Tech Stocks (8/12/15)
"Great Panther Silver Ltd. is a Mexican silver producer poised for substantial growth. . .it is also venturing toward gold production, having acquired Cangold Limited. . .overall, the company remains a growing silver producer, and that should be good news for shareholders, because when the bull market in precious metals resumes—when precious metals prices are rising—silver usually outperforms gold."

Christopher Ecclestone, Hallgarten & Co. (8/12/15)
"As a pure silver play during the great silver boom, we found Great Panther Silver Ltd. to be worthy but not outstanding. . .it is probably because the company already has a zinc/lead component in its income mix through the Topia mine that it has decided to be a 'first-mover' in the space with its opportunistic purchase (or more accurately, optioning) of Nyrstar's Coricancha lead/zinc/silver complex in Peru. In one step it rebalances future production more toward base metals and diversifies Great Panther away from its traditional stamping ground of Mexico."

Bhakti Pavani, Euro Pacific Canada (8/7/15)
"Great Panther Silver Ltd. produced a record 1 Moz silver equivalent in Q2/15. . .the company's revenue of CA$19.2M increased 32% on a year-over-year basis from CA$14.5M in Q2/14. . .Great Panther reported grades of silver and gold at Guanajuato mine complex of 233 g/t and 2.42 g/t, vs. our estimate of 177 g/t and 1.92 g/t, respectively. In addition to the robust product, the company significantly benefited from the devaluation of the Mexican peso vs. the U.S. dollar and higher ore grades, which led to a significantly lower cash cost and all-in sustaining cost."

Ash Guglani, Salman Partners (8/7/15)
"Great Panther Silver Ltd. amended its production and costs guidance due to its better than expected results in H1/15. . .the weakening Mexican peso, as well as its improved operational efficiency, has helped the company maintain its solid financial position. . .Great Panther is also on track to grow its resource base through acquisitions and options despite the challenging commodity price environment."

More Expert Comments

Experts Commenting on 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
David Kratochvil – Euro Pacific Canada
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

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