In this article I'll discuss Great Panther Silver (GPL), a Canadian silver producer with operations in Mexico, listed on the NYSE market.
I'll first of all provide a brief introduction to the company's business, move over to the Q1 production and financial results and the outlook for the company. This will result in my investment thesis at the end of this article.
Great Panther Silver operates two primary silver mines in Mexico. Their flagship Guanajuato Mining Complex consists of 1107 hectares, and has been in production for quite a while now and produced in excess of 1Moz of silver and 10,700 ounces of gold last year at an average cash cost...
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