Monday, March 16, 2009

Great Panther Earns $4.3 Million In FY '08

Great Panther Resources Ltd. has reported net income of $4.3 million, or 5 cents a share, for fiscal year 2008. This result compares with $1.4 million in FY '07. Although primarily a silver company, Great Panther does produce some gold. The news release has more highlights, and puts the gold in silver-equivalent terms.

Great Panther closed the day at 39 cents, unchanged since Friday's close. Its current bid- ask is 38 cents - 39.5 cents.

Its Google Finance web page is here.

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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.

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