Great Panther Research – Dundee Securities: 12-Month Target of C$4.30

Dundee Securities published research on Great Panther Resources this morning commenting on yesterday’s press release wherein the Company released an initial NI 43-101 resource estimate for their San Ignacio silver property. The initial resource weighed in at 611,000 tonnes at 127g/t silver and 2.05g/t gold yielding a silver equivalent of 4,494,000 ounces (Ag Eq Oz)), using a 118g/t Ag Eq cut-off grade. Dundee has assigned Great Panther a 12-month target price of C$4.30.

We have included a link to the full report below:

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