In the past week, GATO stock has gone down by -6.82%, with a monthly decline of -7.49% and a quarterly surge of 26.95%. The volatility ratio for the week is 4.85%, and the volatility levels for the last 30 days are 5.09% for Gatos Silver Inc The simple moving average for the last 20 days is -14.04% for GATO’s stock, with a simple moving average of 33.08% for the last 200 days.
Is It Worth Investing in Gatos Silver Inc (NYSE: GATO) Right Now?
Gatos Silver Inc (NYSE: GATO) has a higher price-to-earnings ratio of 32.12x compared to its average ratio. GATO has 36-month beta value of 1.97. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for GATO is 46.53M, and currently, short sellers hold a 2.91% ratio of that float. The average trading volume of GATO on November 14, 2024 was 894.83K shares.
GATO) stock’s latest price update
Gatos Silver Inc (NYSE: GATO)’s stock price has gone decline by -2.46 in comparison to its previous close of 15.84, however, the company has experienced a -6.82% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-11-12 that Gatos Silver, Inc. (NYSE:GATO ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Dale Andres – Chief Executive Officer André van Niekerk – Chief Financial Officer Conference Call Participants Operator Thank you for standing by. My name is Janine, and I will be your conference operator.
Analysts’ Opinion of GATO
Canaccord Genuity gave a rating of “Buy” to GATO, setting the target price at $12.50 in the report published on April 23rd of the current year.
GATO Trading at -5.06% 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 -23.93% of loss for the given period.
Volatility was left at 5.09%, however, over the last 30 days, the volatility rate increased by 4.85%, as shares sank -6.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.96% upper at present.
During the last 5 trading sessions, GATO fell by -6.82%, which changed the moving average for the period of 200-days by +148.79% in comparison to the 20-day moving average, which settled at $17.97. In addition, Gatos Silver Inc saw 136.24% 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 Scott Anthony Michael, who purchase 2,720 shares at the price of $5.60 back on Feb 23 ’24. After this action, Scott Anthony Michael now owns 183,144 shares of Gatos Silver Inc, valued at $15,232 using the latest closing price.
Bodley Stephen D, the Gen. Counsel & CCO of Gatos Silver Inc, purchase 10,000 shares at $5.65 during a trade that took place back on Feb 23 ’24, which means that Bodley Stephen D is holding 20,000 shares at $56,500 based on the most recent closing price.
Stock Fundamentals for GATO
Current profitability levels for the company are sitting at:
- 2916.36 for the present operating margin
- -0.36 for the gross margin
The net margin for Gatos Silver Inc stands at 2421.57. The total capital return value is set at 0.1. Equity return is now at value 9.10, with 8.65 for asset returns.
Currently, EBITDA for the company is -22.31 million with net debt to EBITDA at -3.54. When we switch over and look at the enterprise to sales, we see a ratio of 74106.65. The receivables turnover for the company is 0.0for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.67.
Conclusion
To put it simply, Gatos Silver Inc (GATO) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
