As of close of business last night, Gatos Silver Inc’s stock clocked out at $7.94, down -6.70% from its previous closing price of $8.51. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 519263 shares were traded. GATO stock price reached its highest trading level at $8.82 during the session, while it also had its lowest trading level at $7.92.
Ratios:
To gain a deeper understanding of GATO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.36 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Canaccord Genuity Upgraded its Hold to Buy on September 07, 2023, whereas the target price for the stock was revised from $5 to $5.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 23 ’24 when Bodley Stephen D bought 10,000 shares for $5.65 per share. The transaction valued at 56,500 led to the insider holds 20,000 shares of the business.
Andres Dale bought 10,000 shares of GATO for $55,500 on Feb 23 ’24. The Chief Executive Officer now owns 554,479 shares after completing the transaction at $5.55 per share. On Feb 23 ’24, another insider, Scott Anthony Michael, who serves as the SVP, Corp Dev & Tech. Services of the company, bought 2,720 shares for $5.60 each. As a result, the insider paid 15,232 and bolstered with 183,144 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GATO now has a Market Capitalization of 588.73M and an Enterprise Value of 555.30M. As of this moment, Gatos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.76, and their Forward P/E ratio for the next fiscal year is 23.62.
Stock Price History:
Over the past 52 weeks, GATO has reached a high of $8.67, while it has fallen to a 52-week low of $3.51. The 50-Day Moving Average of the stock is 6.60, while the 200-Day Moving Average is calculated to be 5.45.
Shares Statistics:
It appears that GATO traded 291.98K shares on average per day over the past three months and 407.09k shares per day over the past ten days. A total of 69.16M shares are outstanding, with a floating share count of 45.80M. Insiders hold about 33.80% of the company’s shares, while institutions hold 47.03% stake in the company. Shares short for GATO as of Feb 29, 2024 were 624.23k with a Short Ratio of 2.14, compared to 744.62k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.90% and a Short% of Float of 1.23%.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0 and a low estimate of -$0.03, while EPS last year was $0.01. The consensus estimate for the next quarter is $0.02, with high estimates of $0.05 and low estimates of $0.
Analysts are recommending an EPS of between $0.21 and $0.11 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.36, with 3 analysts recommending between $0.53 and $0.25.
Revenue Estimates
Based on 2 analysts’ estimates, the company’s revenue will be $288M in the next fiscal year. The high estimate is $319M and the low estimate is $257M. The average revenue growth estimate for next year is up 4.90% from the average revenue estimate for this year.
