Geode Capital Management LLC Has $7.14 Million Stake in Gatos Silver, Inc. (NYSE:GATO)

Geode Capital Management LLC cut its stake in Gatos Silver, Inc. (NYSE:GATO) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 510,260 shares of the company’s stock after selling 4,020 shares during the period. Geode Capital Management LLC owned approximately 0.73% of Gatos Silver worth $7,137,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its position in Gatos Silver by 168.6% during the third quarter. Jane Street Group LLC now owns 122,786 shares of the company’s stock worth $1,852,000 after buying an additional 77,073 shares during the last quarter. Barclays PLC boosted its stake in shares of Gatos Silver by 1,332.9% during the 3rd quarter. Barclays PLC now owns 10,116 shares of the company’s stock worth $152,000 after acquiring an additional 9,410 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Gatos Silver during the 3rd quarter worth approximately $271,000. JPMorgan Chase & Co. raised its stake in Gatos Silver by 148.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,218 shares of the company’s stock valued at $1,104,000 after acquiring an additional 43,734 shares during the period. Finally, Synergy Asset Management LLC bought a new stake in Gatos Silver in the 4th quarter valued at $138,000. Institutional investors own 44.81% of the company’s stock.

Gatos Silver Price Performance

Shares of NYSE GATO opened at $14.40 on Friday. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 29.39 and a beta of 1.95. The stock’s fifty day moving average price is $14.40 and its two-hundred day moving average price is $15.21. Gatos Silver, Inc. has a one year low of $9.50 and a one year high of $20.31.

Gatos Silver 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.