GATO
Gatos SilverGATO
GATO
About: Gatos Silver Inc is a development and exploration company. It is focused on the production of Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District, both located in Chihuahua, Mexico. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The Company's reportable segments are based on the Company's mineral interests and management structure and include Mexico and Corporate segments. The Mexico segment engages in the exploration, development, and operation of the Company's Mexican mineral interests and includes the Company's investment in its LGJV.
Employees: 882
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,138% more call options, than puts
Call options by funds: $1.55M | Put options by funds: $125K
84% more capital invested
Capital invested by funds: $312M [Q2] → $574M (+$262M) [Q3]
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
63% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 19
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
16% more funds holding
Funds holding: 85 [Q2] → 99 (+14) [Q3]
2.16% more ownership
Funds ownership: 52.18% [Q2] → 54.34% (+2.16%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$17.50
27%
upside
Avg. target
$17.50
27%
upside
High target
$17.50
27%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
CIBC Cosmos Chiu 56% 1-year accuracy 5 / 9 met price target | 27%upside $17.50 | Outperformer Maintained | 26 Sept 2024 |
Financial journalist opinion
Based on 3 articles about GATO published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Gatos Silver Amends Joint Venture Agreements with Dowa to Obtain Enhanced Management Rights and Announces Financial Statement Consolidation
VANCOUVER, British Columbia, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced that it has entered into amended and restated agreements (the “Amended Agreements”) with Dowa Metals & Mining Co., Ltd. (“Dowa”) regarding the Los Gatos Joint Venture (the “LGJV”). The Amended Agreements, which are effective on January 1, 2025, expand Gatos Silver's management rights within the LGJV which will result in the Company being able to fully consolidate the financial statements of the LGJV rather than accounting for its investment in the LGJV under the equity method of accounting as is currently required. The ownership interests of the Company and Dowa in the LGJV are unchanged, at 70% and 30%, respectively.
Neutral
Business Wire
2 weeks ago
GATOS SILVER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Gatos Silver, Inc. - GATO
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Gatos Silver, Inc. (NYSE: GATO) to First Majestic Silver Corp. (NYSE: AG). Under the terms of the proposed transaction, shareholders of Gatos will receive 2.550 common shares of First Majestic for each share of Gatos that they own. KSF is seeking to determine whether this consideration and the process that led.
Neutral
GlobeNewsWire
2 weeks ago
Gatos Silver Announces Date of Special Meeting of Stockholders and Filing of Definitive Proxy Statement
VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced the date of a special meeting of stockholders (the “Special Meeting”) and the filing of its definitive proxy statement in connection with the previously announced Agreement and Plan of Merger (the “Merger Agreement”) with First Majestic Silver Corp. (“First Majestic”) (NYSE/TSX: AG) (FSE: FMV) pursuant to which First Majestic will acquire all of the issued and outstanding shares of common stock of Gatos Silver (the “Transaction”).
Neutral
Seeking Alpha
1 month ago
Gatos Silver, Inc. (GATO) Q3 2024 Earnings Call Transcript
Gatos Silver, Inc. (NYSE:GATO ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Dale Andres – Chief Executive Officer André van Niekerk – Chief Financial Officer Conference Call Participants Operator Thank you for standing by. My name is Janine, and I will be your conference operator.
Neutral
GlobeNewsWire
1 month ago
Gatos Silver Reports Third Quarter 2024 Results Including a 200% Increase in Earnings Per Share
VANCOUVER, British Columbia, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced its third quarter of 2024 financial and operating results including earnings per share of $0.14, up 200% from $0.05 in the third quarter of 2023. The Company will host an investor and analyst call on November 12, 2024, details of which are provided below.
Neutral
GlobeNewsWire
1 month ago
Gatos Silver Third Quarter 2024 Results Conference Call and Webcast
VANCOUVER, British Columbia, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) will release its third quarter of 2024 financial and operating results after North American markets close on Monday, November 11, 2024. The Company will host a conference call and webcast to discuss the results on Tuesday, November 12, 2024, at 11:00 a.m. Eastern Time.
Positive
MarketBeat
1 month ago
Silver Stocks, ETFs, or Bullion: What's the Best Bet Now?
The spot price of silver is roughly $35 per ounce, just below the highest level in over a decade. Alongside gold, which has repeatedly touched new record highs in recent months, the price of silver has skyrocketed amid geopolitical turmoil around the world and uncertainty regarding the future of American politics.
Neutral
GlobeNewsWire
2 months ago
Gatos Silver Reports 11% Increase in Q3 2024 Silver Equivalent Production and Improved Guidance
VANCOUVER, British Columbia, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced production results for the quarter and nine months ended September 30, 2024 at its 70%-owned Cerro Los Gatos (“CLG”) mine in Mexico, including an 11% increase in silver equivalent production in the third quarter of 2024 compared with a year earlier. Gatos Silver also announced improved annual production and cost guidance for 2024.
Neutral
GlobeNewsWire
2 months ago
Gatos Silver Reports Positive Third Quarter Exploration Results Including Mineralized Intercepts on the Central Deeps Target at Cerro Los Gatos
VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today provided an update on the drilling and exploration programs in the 70%-owned Los Gatos district (“LGD”) in Mexico. The update highlights early positive results including mineralized intercepts on the Central Deeps target and the potential for a further extension of the South-East Deeps zone at the Cerro Los Gatos Mine (“CLG”). The update also highlights key developments in the ongoing regional exploration program.
Neutral
GlobeNewsWire
2 months ago
Gatos Silver Provides Updated Cerro Los Gatos Mineral Reserve, Mineral Resource, and Life of Mine Plan
VANCOUVER, British Columbia, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today reported an updated life of mine plan (the “2024 LOM Plan”) that adds two years of additional reserves and a 36% increase in silver equivalent production compared with the prior LOM plan at the Cerro Los Gatos Mine (“CLG”) in Mexico.
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