In last trading session, Gatos Silver Inc. (NYSE:GATO) saw 2.29 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $6.73 trading at $1.09 or 19.33% at ring of the bell on the day assigns it a market valuation of $474.87M. That closing price of GATO’s stock is at a premium of 15.3% from its 52-week high price of $5.70 and is indicating a premium of 67.31% from its 52-week low price of $2.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.59 million shares which gives us an average trading volume of 400.54K if we extend that period to 3-months.

For Gatos Silver Inc. (GATO), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.

Gatos Silver Inc. (NYSE:GATO) trade information

Upright in the green during last session for gaining 19.33%, in the last five days GATO remained trading in the green while hitting it’s week-highest on Thursday, 03/30/23 when the stock touched $6.73 price level, adding 0.88% to its value on the day. Gatos Silver Inc.’s shares saw a change of 64.55% in year-to-date performance and have moved 43.19% in past 5-day. Gatos Silver Inc. (NYSE:GATO) showed a performance of 51.58% in past 30-days. Number of shares sold short was 1.41 million shares which calculate 4.3 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $5.17 to the stock, which implies a fall of -30.17% to its current value. Analysts have been projecting $4.50 as a low price target for the stock while placing it at a high target of $6.00. It follows that stock’s current price would jump 10.85% in reaching the projected high whereas dropping to the targeted low would mean a gain of 33.14% for stock’s current value.

Gatos Silver Inc. (GATO) estimates and forecasts

This year revenue growth is estimated to rise 106.70% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $72.9 million for the same. And 1 analysts are in estimates of company making revenue of $77 million in the next quarter that will end on Mar 2022.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -14.70% during past 5 years.

GATO Dividends

Gatos Silver Inc. is more likely to be releasing its next quarterly report between May 08 and May 12 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Gatos Silver Inc. (NYSE:GATO)’s Major holders

Insiders are in possession of 0.91% of company’s total shares while institution are holding 84.29 percent of that, with stock having share float percentage of 85.07%. Investors also watch the number of corporate investors in a company very closely, which is 84.29% institutions for Gatos Silver Inc. that are currently holding shares of the company. FMR, LLC is the top institutional holder at GATO for having 8.91 million shares of worth $23.87 million. And as of Sep 29, 2022, it was holding 12.88% of the company’s outstanding shares.

The second largest institutional holder is Municipal Employees” Retirement System Of Michigan, which was holding about 6.21 million shares on Sep 29, 2022. The number of shares represents firm’s hold over 8.98% of outstanding shares, having a total worth of $16.63 million.

On the other hand, Fidelity Select Portfolios – Gold and ETF Managers Tr-ETFMG Prime Junior Silver ETF are the top two Mutual Funds which own company’s shares. As of Nov 29, 2022, the former fund manager was holding 6.0 million shares of worth $22.86 million or 8.68% of the total outstanding shares. The later fund manager was in possession of 2.39 million shares on Sep 29, 2022, making its stake of worth around $6.39 million in the company or a holder of 3.45% of company’s stock.

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