VANCOUVER - Despite a rough three-year run in precious metal prices, Great Panther Silver (TSX: GPR; NYSE-MKT: GPL) is flying high on the back of a stellar first quarter and a pair of acquisitions that appear to cement a promising project pipeline. The company has ridden higher grades at its Mexican narrow-vein silver mines to record production levels, and hopes sustainable cash flow will help it internally fund its organic expansion plans. Great Panther operates several mines based around two main hubs, namely: the historic Guanajuato mine complex in Guanajuato state; and the Topia mine in Du-rango state. The company cranked out 987,900 equivalent oz. silver during the first quarter, which marks a 48% increase compared to the same period last year.
展开▼
