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Great Panther Mining Ltd GPLDF

Great Panther Mining Limited is a Canada-based precious metals producer focused on the operation of the Tucano Gold Mine in Brazil. The Company controls a land package covering nearly 200,000 hectares in the prospective Vila Nova Greenstone belt. The Company has three wholly owned mining operations including the Tucano gold mine, which produces gold dore and is located in Amapa State in northern Brazil. In Mexico, Great Panther operates the Topia mine in the state of Durango, which produces concentrates containing silver, gold, lead and zinc, and the Guanajuato Mine Complex (the GMC) in the state of Guanajuato. The GMC comprises the Guanajuato mine, the San Ignacio mine, and the Cata processing plant, which produces silver and gold concentrates. The Company also wholly owns the Coricancha Mine Complex, a gold-silver-copper-lead-zinc mine and processing facility in the central Andes of Peru. It has a portfolio of exploration projects: El Horcon property, Santa Rosa, and Plomo property.


GREY:GPLDF - Post by User

Bullboard Posts
Comment by ganndolphon Jul 20, 2019 4:18pm
151 Views
Post# 29943292

RE:RE:RE:RE:RE:Easy money

RE:RE:RE:RE:RE:Easy moneyOurgang1977,

For market capitalization, I used the 93 million fully diluted shares listed in Americas Silver presentation slide 4 times the closing stock price on Friday.  For concentrate producers like Americas Silver the conversion of base metal values to gold equivalent ounces will vary based on what percentage of the metals values that the company receives for its product.  Therefore I use quarterly revenue by last quarter's gold price of $1280 USD to calculate a gold equivalent which is 13,927 ounces for Q1.  When USAS puts out its Q2 numbers then I update my valuation numbers.

The share count hasn't been updated to include Sprott's private placement yesterday.

On Great Panther gold equivalent production, they went from 13,042 oz in Q1 to 39,992 oz in Q2, so I am using the Q2 production data from this stock.

The average valuation for the 12 silver stocks that I track was $12,933 USD per GEO as of 7/12/19.
Bullboard Posts