Agoracom: Small Cap Investment - Great Panther Resources - BRIEF-Great Panther Silver Q3 Loss Per Share C$0.02

Great Panther Silver Limited

Fastest growing primary silver producer in Mexico.

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BRIEF-Great Panther Silver Q3 Loss Per Share C$0.02

posted on Oct 31, 2018 05:49PM

2018-10-31 04:55:02 PM ET (Reuters)

Oct 31 (Reuters) - Great Panther Silver Ltd:

* GREAT PANTHER SILVER REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS

* Q3 REVENUE FELL 36 PERCENT

* Q3 LOSS PER SHARE C$0.02

* QTRLY REVENUE $11.7 MILLION

* QTRLY SILVER EQUIVALENT OUNCES PRODUCED 11,023,128 AG EQ OZ, DOWN 5 PERCENT

* INCREASING ITS 2018 PRODUCTION GUIDANCE FOR AN IMPROVEMENT IN GOLD TO SILVER RATIO

* LOWER BY-PRODUCT METAL PRICES WILL CONTINUE TO HAVE A SIGNIFICANT NEGATIVE EFFECT ON CASH COST IN Q4

* EXPECTS A DECLINE IN CASH COST IN Q4 FROM LEVELS IN Q3

* SEES FY TOTAL SILVER EQUIVALENT OUNCES PRODUCTION OF 4.1 MILLION - 4.2 MILLION

* WILL CONTINUE ADVANCING CORICANCHA MINE COMPLEX IN PERU TO SET A PLATFORM FOR PRODUCTION GROWTH IN 2019 AND 2020

* EXPECTS TO BE ABLE TO MAKE A DECISION IN EARLY 2019 ON WHETHER TO COMMENCE RESTART OF CORICANCHA Source text for Eikon: Further company coverage:

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