Should I buy or sell Gatos Silver stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gatos Silver in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GATO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GATO, but not buy additional shares or sell existing shares. View GATO analyst ratings or view top-rated stocks .

What is Gatos Silver's stock price target for 2024?

4 brokers have issued twelve-month price objectives for Gatos Silver's stock. Their GATO share price targets range from $5.50 to $9.00. On average, they predict the company's stock price to reach $6.75 in the next year. This suggests that the stock has a possible downside of 29.8%. View analysts price targets for GATO or view top-rated stocks among Wall Street analysts .

How have GATO shares performed in 2024?

Gatos Silver's stock was trading at $6.54 on January 1st, 2024. Since then, GATO stock has increased by 46.9% and is now trading at $9.61. View the best growth stocks for 2024 here .

Are investors shorting Gatos Silver?

Gatos Silver saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 612,600 shares, a drop of 13.0% from the March 15th total of 703,900 shares. Based on an average daily trading volume, of 310,800 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.3% of the shares of the company are sold short. View Gatos Silver's Short Interest .

When is Gatos Silver's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024. View our GATO earnings forecast .

How were Gatos Silver's earnings last quarter?

Gatos Silver, Inc. (NYSE:GATO) issued its earnings results on Wednesday, February, 21st. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.06 by $0.12.

When did Gatos Silver IPO?

Gatos Silver (GATO) raised $150 million in an IPO on Wednesday, October 28th 2020. The company issued 18,800,000 shares at $7.00-$9.00 per share. BMO Capital Markets, Goldman Sachs and RBC Capital Markets acted as the underwriters for the IPO and Canaccord Genuity and CIBC Capital Markets were co-managers.

Who are Gatos Silver's major shareholders?

Gatos Silver's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Banque Cantonale Vaudoise (0.02%). Insiders that own company stock include Adam Dubas, Anthony Michael Scott, Dale Andres, Electrum Silver Us Llc, James Woeller, John Kinyon, Luis Felipe Huerta , Philip Pyle and Stephen D Bodley. View institutional ownership trends .

How do I buy shares of Gatos Silver?

Shares of GATO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GATO

Gatos Silver (GATO) Stock Price, News & Analysis

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$9.61

-0.02 (-0.21%)

(As of 04/18/2024 ET)

Compare

Today's Range: $9.59
▼
$9.92
50-Day Range: $5.56
▼
$9.79
52-Week Range: $3.51
▼
$10.96

Volume: 265,094 shs
Average Volume: 329,860 shs
Market Capitalization: $664.82 million

P/E Ratio: 50.58
Dividend Yield: N/A
Price Target: $6.75

Get Gatos Silver alerts:

Gatos Silver MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 29.8% Downside
$6.75 Price Target
Short Interest: Healthy
1.34% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.56
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.09 out of 5 stars

Basic Materials Sector

153rd out of 174 stocks

Gold & Silver Ores Industry

28th out of 37 stocks

1.1

Analyst's Opinion

Consensus Rating
Gatos Silver has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Gatos Silver has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.34% of the float of Gatos Silver has been sold short.
Short Interest Ratio / Days to Cover
Gatos Silver has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Gatos Silver has recently decreased by 12.97%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Gatos Silver does not currently pay a dividend.
Dividend Growth
Gatos Silver does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GATO.

3.6

News and Social Media Coverage

News Sentiment
Gatos Silver has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Gatos Silver this week, compared to 2 articles on an average week.
Search Interest
8 people have searched for GATO on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
MarketBeat Follows
4 people have added Gatos Silver to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gatos Silver insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Gatos Silver is held by insiders.
Percentage Held by Institutions
44.81% of the stock of Gatos Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gatos Silver is 50.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gatos Silver is 50.58, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 141.03.
Price to Book Value per Share Ratio
Gatos Silver has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Gatos Silver Stock (NYSE:GATO)

Gatos Silver, Inc. engages in the exploration, development, and production of precious metals. It primarily explores for silver deposits. The company also explores for zinc, lead, copper, and gold ores. Its flagship asset is the Los Gatos District, including the Cerro Los Gatos mine in Chihuahua, Mexico. The company was formerly known as Sunshine Silver Mining & Refining Corporation and changed its name to Gatos Silver, Inc. in October 2020. Gatos Silver, Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.

GATO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GATO Stock News Headlines

April 13, 2024 | americanbankingnews.com

BMO Capital Markets Increases Gatos Silver (NYSE:GATO) Price Target to $9.00

April 13, 2024 | americanbankingnews.com

Gatos Silver (NYSE:GATO) Sees Strong Trading Volume on Analyst Upgrade

April 19, 2024 | InvestorPlace (Ad)

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April 12, 2024 | msn.com

Why JPMorgan Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Friday's Mid-Day Session

April 10, 2024 | msn.com

Gatos Silver's Record Throughput; AngloGold Publishes Annual Report; TMC's New Board Member And More: Wednesday's Top Mining Stories

April 10, 2024 | msn.com

Gatos Silver surges as Q1 production tracks to top end of guidance

April 9, 2024 | globenewswire.com

Gatos Silver Reports Q1 2024 Production Results at Top End of Guidance

March 29, 2024 | msn.com

Upcoming Deadline to Share in Gatos Silver, Inc. (GATO) Class Action Settlement

April 19, 2024 | InvestorPlace (Ad)

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March 17, 2024 | sports.yahoo.com

New Sharks goalie Cooley proof of Bay Area's growing love for hockey

March 15, 2024 | finance.yahoo.com

Gatos Silver Announces Date for its 2024 Annual Stockholders’ Meeting

March 15, 2024 | globenewswire.com

Gatos Silver Announces Date for its 2024 Annual Stockholders' Meeting

March 14, 2024 | msn.com

Sheriff’s office honors deputies ‘intentionally’ hit by car

March 5, 2024 | finance.yahoo.com

GATO May 2024 2.500 put

February 25, 2024 | msn.com

Gatos Silver (GATO) Price Target Increased by 8.79% to 5.53

February 22, 2024 | finance.yahoo.com

Gatos Silver, Inc. (NYSE:GATO) Q4 2023 Earnings Call Transcript

February 22, 2024 | finance.yahoo.com

Q4 2023 Gatos Silver Inc Earnings Call

February 21, 2024 | finanznachrichten.de

Gatos Silver, Inc.: Gatos Silver Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Guidance

February 21, 2024 | finance.yahoo.com

Gatos Silver Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Guidance

February 21, 2024 | globenewswire.com

Gatos Silver Reports Fourth Quarter and Full Year 2023 Results and Provides 2024 Guidance

February 20, 2024 | benzinga.com

Earnings Preview For Gatos Silver

February 16, 2024 | markets.businessinsider.com

Gatos Silver (GATO) Receives a Hold from RBC Capital

February 15, 2024 | msn.com

Central Coast Section boys and girls basketball playoff schedules

February 15, 2024 | finance.yahoo.com

Gatos Silver Fourth Quarter and Full Year 2023 Results Conference Call and Webcast

February 15, 2024 | globenewswire.com

Gatos Silver Fourth Quarter and Full Year 2023 Results Conference Call and Webcast

February 15, 2024 | benzinga.com

Gatos Silver Stock (NYSE:GATO) Dividends: History, Yield and Dates

February 9, 2024 | finance.yahoo.com

Plaintiff Reaches Settlement with Tetra Tech, Inc. in Canadian Gatos Silver Securities Class Action

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:GATO
CUSIP: N/A
CIK: 1517006
Web: www.gatossilver.com
Phone: 604-424-0984
Fax: N/A
Employees: 19
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.75
High Stock Price Target: $9.00
Low Stock Price Target: $5.50
Potential Upside/Downside: -29.8%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.19
Trailing P/E Ratio: 50.58
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $12.86 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 3.63%
Return on Assets: 3.33%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.36
Quick Ratio: 2.36

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: $0.19 per share
Price / Cash Flow: 51.63
Book Value: $5.31 per share
Price / Book: 1.81

Miscellaneous

Outstanding Shares: 69,180,000
Free Float: 68,143,000
Market Cap: $664.82 million
Optionable: Optionable
Beta: 2.21

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Key Executives

Mr. Dale E. Andres (Age 56)
CEO & Director
Comp: $1.53M
Mr. Pieter Andre van Niekerk (Age 47)
Chief Financial Officer
Comp: $802.96k
Mr. Anthony Scott P.Geo. (Age 48)
Senior Vice President of Corporate Development & Technical Services
Comp: $703.43k
Percy Pascal
General Manager of Operations
Mr. Stephen Bodley (Age 57)
General Counsel & Chief Compliance Officer
Tiffany Osburn
Director of Financial Reporting & Corporate Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GATO Stock Analysis - Frequently Asked Questions

Should I buy or sell Gatos Silver stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gatos Silver in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GATO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GATO, but not buy additional shares or sell existing shares.
View GATO analyst ratings or view top-rated stocks.
What is Gatos Silver's stock price target for 2024?: 4 brokers have issued twelve-month price objectives for Gatos Silver's stock. Their GATO share price targets range from $5.50 to $9.00. On average, they predict the company's stock price to reach $6.75 in the next year. This suggests that the stock has a possible downside of 29.8%.
View analysts price targets for GATO or view top-rated stocks among Wall Street analysts.
How have GATO shares performed in 2024?: Gatos Silver's stock was trading at $6.54 on January 1st, 2024. Since then, GATO stock has increased by 46.9% and is now trading at $9.61.
View the best growth stocks for 2024 here.
Are investors shorting Gatos Silver?: Gatos Silver saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 612,600 shares, a drop of 13.0% from the March 15th total of 703,900 shares. Based on an average daily trading volume, of 310,800 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.3% of the shares of the company are sold short.
View Gatos Silver's Short Interest.
When is Gatos Silver's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024.
View our GATO earnings forecast.

How were Gatos Silver's earnings last quarter?: Gatos Silver, Inc. (NYSE:GATO) issued its earnings results on Wednesday, February, 21st. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.06 by $0.12.
When did Gatos Silver IPO?: Gatos Silver (GATO) raised $150 million in an IPO on Wednesday, October 28th 2020. The company issued 18,800,000 shares at $7.00-$9.00 per share. BMO Capital Markets, Goldman Sachs and RBC Capital Markets acted as the underwriters for the IPO and Canaccord Genuity and CIBC Capital Markets were co-managers.
Who are Gatos Silver's major shareholders?: Gatos Silver's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Banque Cantonale Vaudoise (0.02%). Insiders that own company stock include Adam Dubas, Anthony Michael Scott, Dale Andres, Electrum Silver Us Llc, James Woeller, John Kinyon, Luis Felipe Huerta, Philip Pyle and Stephen D Bodley.
View institutional ownership trends.
How do I buy shares of Gatos Silver?: Shares of GATO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GATO) was last updated on 4/19/2024 by MarketBeat.com Staff

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Gatos Silver (GATO) Stock Price, News & Analysis

Gatos Silver MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Gatos Silver Stock (NYSE:GATO)

GATO Stock Price History

GATO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GATO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™