Looking Closely at the Growth Curve for Gatos Silver Inc. (GATO)

Gatos Silver Inc. (NYSE:GATO) went up by 15.08% from its latest closing price compared to the recent 1-year high of $24.00. The company’s stock price has collected 1.87% of gains in the last five trading sessions. Press Release reported 17 hours ago that Gatos Silver Announces Restoration of Full Grid Power at Cerro Los Gatos

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Is It Worth Investing in Gatos Silver Inc. (NYSE :GATO) Right Now?

Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Gatos Silver Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $14.50, which is -$0.76 below the current price. GATO currently public float of 58.64M and currently shorts hold a 1.34% ratio of that float. Today, the average trading volume of GATO was 793.74K shares.

GATO’s Market Performance

GATO stocks went up by 1.87% for the week, with a monthly jump of 19.59% and a quarterly performance of 136.22%. The volatility ratio for the week stands at 10.35% while the volatility levels for the past 30 days are set at 13.51% for Gatos Silver Inc.. The simple moving average for the period of the last 20 days is 10.96% for GATO stocks with a simple moving average of 48.92% for the last 200 days.

Analysts’ Opinion of GATO

Many brokerage firms have already submitted their reports for GATO stocks, with BMO Capital Markets repeating the rating for GATO by listing it as a “Market Perform.” The predicted price for GATO in the upcoming period, according to BMO Capital Markets is $14.50 based on the research report published on February 01st of the current year 2021.

BMO Capital Markets, on the other hand, stated in their research note that they expect to see GATO reach a price target of $10. The rating they have provided for GATO stocks is “Outperform” according to the report published on November 25th, 2020.

RBC Capital Mkts gave a rating of “Outperform” to GATO, setting the target price at $8.50 in the report published on November 23rd of the previous year.

GATO Trading at 24.99% from the 50-Day Moving Average

After a stumble in the market that brought GATO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.42% of loss for the given period.

Volatility was left at 13.51%, however, over the last 30 days, the volatility rate increased by 10.35%, as shares surge +19.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +117.69% upper at present.

During the last 5 trading sessions, GATO rose by +1.87%, in comparison to the 20-day moving average, which settled at $13.88. In addition, Gatos Silver Inc. saw 17.11% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GATO starting from Hanneman Karl L, who purchase 10,000 shares at the price of $9.70 back on Dec 18. After this action, Hanneman Karl L now owns 10,000 shares of Gatos Silver Inc., valued at $97,000 using the latest closing price.

Stairs Janice, the Director of Gatos Silver Inc., purchase 10,000 shares at $7.00 during a trade that took place back on Oct 30, which means that Stairs Janice is holding 10,729 shares at $70,000 based on the most recent closing price.

Stock Fundamentals for GATO

Equity return is now at value -33.10, with -30.70 for asset returns.

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