Gatos Silver (NYSE:GATO - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, November 11th. Parties that are interested in registering for the company's conference call can do so using this link.
Gatos Silver (NYSE:GATO - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02).
Gatos Silver Stock Performance
Shares of NYSE:GATO traded down $0.49 during mid-day trading on Monday, reaching $17.60. 419,680 shares of the company's stock were exchanged, compared to its average volume of 555,147. Gatos Silver has a twelve month low of $4.39 and a twelve month high of $20.31. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 46.00 and a beta of 2.05. The business's fifty day moving average price is $15.60 and its 200-day moving average price is $12.89.
Analyst Ratings Changes
A number of research firms have commented on GATO. Canaccord Genuity Group lowered Gatos Silver from a "buy" rating to a "hold" rating in a research report on Tuesday, October 22nd. Cibc World Mkts upgraded Gatos Silver to a "strong-buy" rating in a report on Wednesday, July 10th. Canaccord Genuity Group restated a "hold" rating on shares of Gatos Silver in a report on Tuesday, October 22nd. CIBC upped their price objective on shares of Gatos Silver from $15.00 to $17.50 and gave the company an "outperformer" rating in a research note on Thursday, September 26th. Finally, Royal Bank of Canada increased their price objective on shares of Gatos Silver from $11.00 to $13.00 and gave the stock a "sector perform" rating in a research report on Tuesday, September 10th. Four investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $12.90.
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About Gatos Silver
(
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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.
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