Update: Great Panther Silver Posts Q4 Loss; Provides Outlook; Stock Rises 2%

Great Panther Silver Limited

Fastest growing primary silver producer in Mexico.

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Update: Great Panther Silver Posts Q4 Loss; Provides Outlook; Stock Rises 2%

posted on Feb 23, 2018 02:40PM

2018-02-23 10:47:34 AM ET (MT Newswires)

10:47 AM EST, 02/23/2018 (MT Newswires) -- Great Panther Silver (GPR.TO) gained 2% in recent trade after it reported Friday net loss per share of US$0.01 for Q4, unchanged from last year, missing analysts' expectation for breakeven. Revenues grew year-over-year to US$17.4 million from US$12.5 million.

During the quarter, the company produced 5,931 ounces of gold and 514,218 ounces of silver, up from last year's 5,206 ounces and 460,571 ounces, respectively.

For 2018, the company expects to produce 4 million - 4.1 million silver equivalent ounces.

Price: 1.53, Change: +0.03, Percent Change: +2.0

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