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Great Panther Silver Reports Second Quarter 2017 Financial Results
Great Panther Silver (TSX: GPR) (NYSE MKT: GPL) (“Great Panther”; or the “Company”) today reported financial results for the Company’s three and six months ended June 30, 2017. The full version of the Company’s unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be viewed on the Company’s website at www.greatpanther.com or on SEDAR at www.sedar.com. …
Great Panther Silver (TSX: GPR) (NYSE MKT: GPL) (“Great Panther”; or the “Company”) today reported financial results for the Company’s three and six months ended June 30, 2017. The full version of the Company’s unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be viewed on the Company’s website at www.greatpanther.com or on SEDAR at www.sedar.com.
Great Panther commenced reporting its financial results in US dollars (“USD”) as of the third quarter of 2016. Accordingly, all dollar amounts expressed in this news release, and the associated financial statements and MD&A, are in USD, unless otherwise noted. Periods prior to the third quarter of 2016 were reported in Canadian dollars (“CAD”), and have been restated to USD using the July 1, 2016 CAD/USD exchange rate of 1.3052.
Robert Archer, President & CEO, commented:
“I am pleased to report net income for the three and six-month periods ended June 30, 2017 of $0.8 million and $3.9 million, respectively, reflecting improvements from losses in the comparative periods.
Great Panther was also able to deliver a record quarter of production with the Topia Mine now operating at planned capacity. Additionally, with the recent closing of the acquisition of the Coricancha Mine Complex in Peru, the Company embarks on a significant new opportunity for growth.”
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