Great Panther Silver Limited (GPL) Reports Q4 Loss of $0.01, Beats on Revenues
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Great Panther Silver Limited (NYSE: GPL) reported Q4 EPS of ($0.01). Revenue for the quarter came in at $17.4 million versus the consensus estimate of $16.99 million.
Highlights of the fourth quarter 2017 compared to fourth quarter 2016, unless otherwise noted:
- Metal production increased 21% to 1,065,773 Ag eq oz;
- Silver production increased 12% to 514,218 silver ounces;
- Gold production increased 14% to 5,931 ounces;
- Cash cost increased by $1.42 to $7.25;
- Cash cost per Ag eq oz increased by $2.70 to $13.18;
- AISC decreased by $1.72 to $14.72
- Revenue increased 39% to $17.4 million;
- Mine operating earnings before non-cash items were $5.0 million, an increase of 11%;
- Net loss totaled $1.9 million, compared to $1.5 million;
- Adjusted EBITDA amounted to $0.9 million compared to $1.4 million; and
- Cash flow from operating activities before changes in non-cash net working capital was $0.6 million, compared to $1.1 million.
For earnings history and earnings-related data on Great Panther Silver Limited (GPL) click here.
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