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GPL - Research - Great Panther Mining Limited (GPL) - Upgrading to Outperform Based on Improving Risk and Reward Profile
Great Panther Silver Limited
GPL reports fourth quarter production results. In aggregate, fourth quarter production increased 275.7% to 44,697 gold equivalent ounces versus the prior year period and decreased 5.7% compared to the third quarter of 2019. The significant year-over-year increase in gold production reflects the acquisition of the Tucano Gold Mine in March 2019. Fourth quarter gold production from the Tucano mine exceeded the recent guidance range of 31,000 to 33,000 ounces with production of 34,181 ounces.Read More >>