Guggenheim Capital LLC Has $793,000 Stake in Gatos Silver, Inc. (NYSE:GATO)

Guggenheim Capital LLC lowered its holdings in Gatos Silver, Inc. (NYSE:GATO) by 6.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 121,375 shares of the company’s stock after selling 7,856 shares during the quarter. Guggenheim Capital LLC owned about 0.18% of Gatos Silver worth $793,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. FMR LLC grew its position in Gatos Silver by 31.9% in the 2nd quarter. FMR LLC now owns 8,702,556 shares of the company’s stock valued at $24,976,000 after purchasing an additional 2,105,025 shares during the period. BlackRock Inc. grew its position in Gatos Silver by 1.8% in the 1st quarter. BlackRock Inc. now owns 3,542,883 shares of the company’s stock valued at $15,305,000 after purchasing an additional 63,615 shares during the period. Exor Capital LLP grew its position in Gatos Silver by 20.1% in the 4th quarter. Exor Capital LLP now owns 3,449,447 shares of the company’s stock valued at $11,695,000 after purchasing an additional 576,790 shares during the period. Vanguard Group Inc. grew its position in Gatos Silver by 22.9% in the 3rd quarter. Vanguard Group Inc. now owns 2,582,098 shares of the company’s stock valued at $6,920,000 after purchasing an additional 481,897 shares during the period. Finally, Sprott Inc. grew its position in Gatos Silver by 42.1% in the 4th quarter. Sprott Inc. now owns 2,054,201 shares of the company’s stock valued at $8,402,000 after purchasing an additional 608,932 shares during the period. Institutional investors and hedge funds own 47.72% of the company’s stock.

Gatos Silver Trading Up 2.4 %

NYSE GATO opened at $4.68 on Tuesday. The company has a fifty day simple moving average of $4.51 and a 200 day simple moving average of $4.97. Gatos Silver, Inc. has a 12-month low of $2.20 and a 12-month high of $7.49. The company has a market cap of $323.67 million, a P/E ratio of -77.99 and a beta of 2.32.

Gatos Silver (NYSE:GATO) last posted its quarterly earnings results on Tuesday, August 8th. The company reported ($0.05) earnings per share (EPS) for the quarter.

Gatos Silver Company Profile

Gatos Silver, Inc engages in the exploration, development, and production of precious metals. It explores for silver deposits. The company 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.