GATO (Gatos Silver Inc) climbed 3.52 at the last close: Is This Today’s Most Popular Stock?

On Tuesday, Gatos Silver Inc (NYSE: GATO) opened higher 3.52% from the last session, before settling in for the closing price of $19.31. Price fluctuations for GATO have ranged from $4.39 to $20.22 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Company’s average yearly earnings per share was noted 150.42% at the time writing. With a float of $46.53 million, this company’s outstanding shares have now reached $69.16 million.

Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock

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 53.46%. 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) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 150.42% 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 60.85.

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 0.73 in one year’s time.

Technical Analysis of Gatos Silver Inc (GATO)

Looking closely at Gatos Silver Inc (NYSE: GATO), its last 5-days average volume was 0.66 million, which is a jump from its year-to-date volume of 0.55 million. As of the previous 9 days, the stock’s Stochastic %D was 83.57%. Additionally, its Average True Range was 0.87.

During the past 100 days, Gatos Silver Inc’s (GATO) raw stochastic average was set at 97.02%, which indicates a significant increase from 93.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.46% in the past 14 days, which was higher than the 66.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.26, while its 200-day Moving Average is $11.01. However, in the short run, Gatos Silver Inc’s stock first resistance to watch stands at $20.34. Second resistance stands at $20.70. The third major resistance level sits at $21.08. If the price goes on to break the first support level at $19.60, it is likely to go to the next support level at $19.22. Now, if the price goes above the second support level, the third support stands at $18.86.

Gatos Silver Inc (NYSE: GATO) Key Stats

There are currently 69,341K shares outstanding in the company with a market cap of 1.39 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.