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As of close of business last night, Gatos Silver Inc’s stock clocked out at $15.18, down -2.63% from its previous closing price of $15.59. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 0.57 million shares were traded. GATO stock price reached its highest trading level at $15.94 during the session, while it also had its lowest trading level at $15.18.
Ratios:
To gain a deeper understanding of GATO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.21. For the most recent quarter (mrq), Quick Ratio is recorded 9.42 and its Current Ratio is at 9.42. 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:
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 Scott Anthony Michael bought 2,720 shares for $5.60 per share. The transaction valued at 15,232 led to the insider holds 183,144 shares of the business.
Bodley Stephen D bought 10,000 shares of GATO for $56,500 on Feb 23 ’24. The Gen. Counsel & CCO now owns 20,000 shares after completing the transaction at $5.65 per share. On Feb 23 ’24, another insider, Andres Dale, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $5.55 each. As a result, the insider paid 55,500 and bolstered with 554,479 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 1052654080 and an Enterprise Value of 970341824. As of this moment, Gatos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.89, and their Forward P/E ratio for the next fiscal year is 18.51.
Stock Price History:
Over the past 52 weeks, GATO has reached a high of $15.95, while it has fallen to a 52-week low of $4.39. The 50-Day Moving Average of the stock is 19.89%, while the 200-Day Moving Average is calculated to be 58.75%.
Shares Statistics:
It appears that GATO traded 681.10K shares on average per day over the past three months and 1365380 shares per day over the past ten days. A total of 69.16M shares are outstanding, with a floating share count of 46.52M. Insiders hold about 32.91% of the company’s shares, while institutions hold 53.58% stake in the company. Shares short for GATO as of 1724976000 were 1098381 with a Short Ratio of 1.61, compared to 1722384000 on 1267710. Therefore, it implies a Short% of Shares Outstanding of 1098381 and a Short% of Float of 2.15.
