We maintain our BUY rating and $1.80 price target. Our target is based on 1.0x our base case NAVPS of$1.77. GPR currently trades at 0.54x NAV vs. peers at 1.08x. We believe GPR is poised for growth, given the vast exploration upside across its operations and the near-term development opportunity at its Coricancha project in Peru.
Upcoming Catalysts: 1) 2021exploration results(ongoing), 2) Q1/21financial results (May/21) and 3) Topia Phase III TSF construction (Q2/21).
E
Anyone has any news on why this stock is down today although company reported its on track of meeting it Q1 forecast?
L
H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Great Panther Silver (GPL) today and set a price target of $2.50.
GPL all in cost to mine silver was last reported at $10 to $12 per ounce. Currently, silver trades at over $24 per ounce. Nothing to worry about here besides corruption. The only way this goes back to 50 cents is if silver goes back to $17-$18 per ounce. In my opinion, that ain't gonna happen. Like many, I have no idea why this stock, which mines a product for a 100% gain, isn't $5 per share.
D
I’m all in on GPL!!! Chances makes Champions 📈
J
Why this stock was 2 dollars in 2016?
M
anyone buying more at these levels??
C
$184,608.90 BIGGEST BUY AT .8303
T
anyone translate the drill results + or -
D
2.50 by the summer, if I had more money I would buuy more
R
AISC for GPL silver is $10-$12. Add transportation and a middle man to sell it, and maybe you have $12-$15. Silver is easily getting $25 per ounce. That’s almost double! GPL is due for a massive correction to the upside, IMO. If silver stays over $20 this silver miner is gold. Bear in mind, they have cash too. They can pay off their debt OR expand OR pay a dividend. It’s nice to have options. Downside: Mines are in South America.
R
It’s like this: Silver is holding tight on $26.25. I bought physical last month. The only product available were 100 oz bars from Canadian Royal Mint for $33 per ounce. That’s a big premium over spot. Now, being that physical silver products SOLD OUT, do you honestly believe all the buyers around the world are ALL wrong and that silver is going back to $13? Doubtful. People are lined up to buy it and waiting for the market to make more products. If they sell out of product at over $30, easily, what does that signal to you? Sounds like the world knows the new floor value of physical silver. How long before mining companies band together and stop selling wholesale and start asking for the real “retail” value of their products?
R
Low volume. Up 7%. Sneakily back up almost the 10% I promised. Sergio, when volume is this low, and price is up 7%, it means we only have buyers left. Don’t sell now! The best is yet to come.
R
FX Empire had the following to say about silver. I found it interesting that the opinion is that once we cross $30 there is a leap to $50 as a target. We seem to need to break through $28 for the big moves to begin. I'm not sure what GPL would trade at based on $50 silver, but it certainly would attract investors. Here's the news: "If we can break above the highs of the last couple of candlesticks, the market is going to go looking towards the $28 level. The $20 level has been significant resistance previously, and therefore if we can break above there, then the market is likely to go looking towards the $30 level. Down the road, if we can break above the $30 level, the market is likely to go looking towards the $50 level based upon historical precedents. I have no interest in shorting silver at this point."
P
I'm getting on board ! good Luck all!
r
Coming to the end of the first year of the new leadership , the balance sheet looks strong. the shorts have pulled back some, the debt is around $44 mil. Sales and mining are up, Great first year job. I expects great things for the next 12 months. Sounds like we could hear great things to come with acquisitions of another company or raw land to start more mining. Great job to President Ron.
R
GPL dropped to 80 cents when silver retraced from $27 to $25. Now silver is back over $26.25 and GPL is still on sale. What an opportunity to make a quick 10% return when it goes up 8 cents! Could happen any moment. Great buy based on fundamentals.
S
How is it that You can't find silver in any local pawn shop or for online delivery? It's all delayed by at least a month. Silver is down from $30 to mid 20's while this metal buying frenzy is taking place. It doesn't take a genius to figure out this is pure manipulation of paper gold and silver prices. Take advantage of the junior miners while you can. I think in 18 months from now metals prices and GPL will look a lot different.
B
Nice green loooong hammer on daily silver chart. Shorties beware!
We maintain our BUY rating and $1.80 price target. Our target is based on 1.0x our base case NAVPS of$1.77. GPR currently trades at 0.54x NAV vs. peers at 1.08x. We believe GPR is poised for growth, given the vast exploration upside across its operations and the near-term development opportunity at its Coricancha project in Peru.
Upcoming Catalysts:
1) 2021exploration results(ongoing),
2) Q1/21financial results (May/21) and
3) Topia Phase III TSF construction (Q2/21).
https://www.smarteranalyst.com/new-blurbs/great-panther-silver-gpl-gets-a-buy-rating-from-h-c-wainwright-4/
Like many, I have no idea why this stock, which mines a product for a 100% gain, isn't $5 per share.
Downside: Mines are in South America.