- Great Panther Mining reported its preliminary Q3 production results, with another decent quarter across the board.
- Despite lower grades mined in Q3, the company's flagship Tucano Mine remains on track to meet FY2020 production guidance.
- Based on increased metals prices and a relatively smooth ramp-up from Q2 shutdowns related to COVID-19, analysts continue to raise earnings estimates for Great Panther.
- Based on industry-leading earnings growth and the improved technical picture, I continue to see the stock as a Speculative Buy at $0.72.
For further details see:
Great Panther Mining: Valuation Improving, But Reserve Growth Is Imperative