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The price of Gatos Silver Inc (NYSE: GATO) closed at $10.63 in the last session, down -7.32% from day before closing price of $11.47. In other words, the price has decreased by -$7.32 from its previous closing price. On the day, 0.59 million shares were traded. GATO stock price reached its highest trading level at $10.778 during the session, while it also had its lowest trading level at $9.57.
Ratios:
We take a closer look at GATO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 101.85. For the most recent quarter (mrq), Quick Ratio is recorded 7.09 and its Current Ratio is at 7.09. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On April 23, 2024, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $6.50 to $12.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 735394048 and an Enterprise Value of 665063552. As of this moment, Gatos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.72, and their Forward P/E ratio for the next fiscal year is 12.40.
Stock Price History:
Over the past 52 weeks, GATO has reached a high of $14.45, while it has fallen to a 52-week low of $3.90. The 50-Day Moving Average of the stock is -9.84%, while the 200-Day Moving Average is calculated to be 27.74%.
Shares Statistics:
According to the various share statistics, GATO traded on average about 534.88K shares per day over the past 3-months and 379000 shares per day over the past 10 days. A total of 69.16M shares are outstanding, with a floating share count of 46.36M. Insiders hold about 32.98% of the company’s shares, while institutions hold 51.80% stake in the company. Shares short for GATO as of 1721001600 were 1378028 with a Short Ratio of 2.58, compared to 1718323200 on 1100554. Therefore, it implies a Short% of Shares Outstanding of 1378028 and a Short% of Float of 2.7.
