On Friday, Gatos Silver Inc (NYSE: GATO) opened higher 15.51% from the last session, before settling in for the closing price of $15.99. Price fluctuations for GATO have ranged from $4.39 to $17.35 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 172.64% at the time writing. With a float of $46.53 million, this company’s outstanding shares have now reached $69.16 million.
Let’s look at the performance matrix of the company that is accounted for 19 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Gatos Silver Inc (GATO) Insider Updates
A key investor’s attitude towards the stock of the Other Precious Metals & Mining industry is another important factor to consider. The insider ownership of Gatos Silver Inc is 32.91%, while institutional ownership is 53.59%. The most recent insider transaction that took place on Feb 23 ’24, was worth 15,232. In this transaction SVP, Corp Dev & Tech. Services of this company bought 2,720 shares at a rate of $5.60, taking the stock ownership to the 183,144 shares. Before that another transaction happened on Feb 23 ’24, when Company’s Gen. Counsel & CCO bought 10,000 for $5.65, making the entire transaction worth $56,500. This insider now owns 20,000 shares in total.
Gatos Silver Inc (GATO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 172.64% per share during the next fiscal year.
Gatos Silver Inc (NYSE: GATO) Trading Performance Indicators
Check out the current performance indicators for Gatos Silver Inc (GATO). In the past quarter, the stock posted a quick ratio of 9.42. Likewise, its price to free cash flow for the trailing twelve months is 56.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.39, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.81 in one year’s time.
Technical Analysis of Gatos Silver Inc (GATO)
Gatos Silver Inc (NYSE: GATO) saw its 5-day average volume 0.61 million, a positive change from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 63.80%. Additionally, its Average True Range was 0.86.
During the past 100 days, Gatos Silver Inc’s (GATO) raw stochastic average was set at 98.13%, which indicates a significant increase from 95.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.83% in the past 14 days, which was lower than the 66.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.18, while its 200-day Moving Average is $10.54. Nevertheless, the first resistance level for the watch stands at $19.31 in the near term. At $20.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.66. If the price goes on to break the first support level at $16.96, it is likely to go to the next support level at $15.45. Assuming the price breaks the second support level, the third support level stands at $14.61.
Gatos Silver Inc (NYSE: GATO) Key Stats
There are currently 69,181K shares outstanding in the company with a market cap of 1.28 billion. Presently, the company’s annual sales total 0 K according to its annual income of 12,860 K. Last quarter, the company’s sales amounted to 0 K and its income totaled 9,160 K.
