Gatos Silver (GATO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $15.66 to $16.64
• 50-Day Range: $11.61 to $19.99
• 52-Week Range: $5.42 to $20.31
• Volume: 6.66 million shs
• Average Volume: 897,229 shs
• Market Capitalization: $1.10 billion
• P/E Ratio: 32.45
• Dividend Yield: N/A
• Price Target: $12.90
• Consensus Rating: Hold

Gatos Silver Stock Analysis - MarketRank™

Gatos Silver scored higher than 20% of companies evaluated by MarketBeat, and ranked 173rd out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Gatos Silver has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Gatos Silver has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Gatos Silver is 32.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gatos Silver is 32.45, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 102.37.

Price to Book Value per Share Ratio

Gatos Silver has a P/B Ratio of 2.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.25% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gatos Silver has recently increased by 11.85%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Gatos Silver does not currently pay a dividend.

Dividend Growth

Gatos Silver does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.25% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gatos Silver has recently increased by 11.85%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.53

News Sentiment

Gatos Silver has a news sentiment score of 0.53. 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 0.41 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Gatos Silver this week, compared to 3 articles on an average week.

Search Interest

Only 3 people have searched for GATO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Gatos Silver to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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 3.80% 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.

GATO Stock Analysis - Frequently Asked Questions

How have GATO shares performed this year?

Gatos Silver's stock was trading at $6.54 on January 1st, 2024. Since then, GATO stock has increased by 143.1% and is now trading at $15.90.
View the best growth stocks for 2024 here.

How were Gatos Silver's earnings last quarter?

Gatos Silver, Inc. (NYSE:GATO) released its earnings results 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.

When did Gatos Silver IPO?

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

Who are Gatos Silver's major shareholders?

Top institutional investors of Gatos Silver include Van ECK Associates Corp (2.04%), Alpine Associates Management Inc. (1.91%), FMR LLC (1.22%) and State Street Corp (1.15%). Insiders that own company stock include Dale Andres, Anthony Michael Scott, James Woeller 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.

What other stocks do shareholders of Gatos Silver own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gatos Silver investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Builders FirstSource (BLDR), Adobe (ADBE), Arista Networks (ANET) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:GATO
• CUSIP: N/A
• CIK: 1517006
• Web: www.gatossilver.com
• Phone: 604-424-0984
• Fax: N/A
• Employees: 20
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.90
• High Stock Price Target: $17.50
• Low Stock Price Target: $9.00
• Potential Upside/Downside: -18.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.49
• Trailing P/E Ratio: 32.45
• 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: 10.37%
• Return on Assets: 9.94%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 9.67
• Quick Ratio: 9.42

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $0.19 per share
• Price / Cash Flow: 84.99
• Book Value: $5.65 per share
• Price / Book: 2.81

Miscellaneous

• Outstanding Shares: 69,380,000
• Free Float: 66,741,000
• Market Cap: $1.10 billion
• Optionable: Optionable
• Beta: 2.05