Gatos Silver (GATO) Set to Announce Earnings on Monday

Gatos Silver (NYSE:GATO) is set to announce its earnings results after the market closes on Monday, November 11th. Investors that are interested in registering for the company’s conference call can do so using this link.

Gatos Silver (NYSE:GATO) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.02).

Gatos Silver Stock Down 4.0 %

Shares of NYSE:GATO opened at $16.35 on Friday. The company has a market cap of $1.13 billion, a PE ratio of 42.58 and a beta of 2.05. The company’s 50-day moving average price is $15.98 and its 200 day moving average price is $13.05. Gatos Silver has a fifty-two week low of $4.51 and a fifty-two week high of $20.31.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on GATO shares. Canaccord Genuity Group downgraded shares of Gatos Silver from a “buy” rating to a “hold” rating in a research report on Tuesday, October 22nd. CIBC lifted their price objective on shares of Gatos Silver from $15.00 to $17.50 and gave the company an “outperformer” rating in a research report on Thursday, September 26th. Canaccord Genuity Group reiterated a “hold” rating on shares of Gatos Silver in a research report on Tuesday, October 22nd. Finally, Royal Bank of Canada raised their target price on shares of Gatos Silver from $11.00 to $13.00 and gave the company a “sector perform” rating in a research note on Tuesday, September 10th. Four analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Gatos Silver has an average rating of “Hold” and a consensus price target of $12.90.

Gatos Silver Company Profile

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.