Gatos Silver Inc (NYSE: GATO) kicked off on Monday, up 6.98% from the previous trading day, before settling in for the closing price of $15.34. Over the past 52 weeks, GATO has traded in a range of $5.42-$20.31.
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While this was happening, its average annual earnings per share was recorded 163.89%. With a float of $46.61 million, this company’s outstanding shares have now reached $69.35 million.
Let’s determine the extent of company efficiency that accounts for 19 employees. In terms of profitability, gross margin is -35.71%, operating margin of 291635.71%, and the pretax margin is 247978.57%.
Gatos Silver Inc (GATO) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Other Precious Metals & Mining Industry. The insider ownership of Gatos Silver Inc is 32.91%, while institutional ownership is 55.85%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 163.89% per share during the next fiscal year.
Gatos Silver Inc (NYSE: GATO) Trading Performance Indicators
Take a look at Gatos Silver Inc’s (GATO) current performance indicators. Last quarter, stock had a quick ratio of 9.67. Likewise, its price to free cash flow for the trailing twelve months is 19.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.48, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.72 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 0.36 million, which is a drop from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 53.07%. Additionally, its Average True Range was 0.83.
During the past 100 days, Gatos Silver Inc’s (GATO) raw stochastic average was set at 63.69%, which indicates a significant decrease from 65.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.03% in the past 14 days, which was lower than the 61.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.74, while its 200-day Moving Average is $12.43. However, in the short run, Gatos Silver Inc’s stock first resistance to watch stands at $17.02. Second resistance stands at $17.62. The third major resistance level sits at $17.99. If the price goes on to break the first support level at $16.05, it is likely to go to the next support level at $15.68. Should the price break the second support level, the third support level stands at $15.08.
Gatos Silver Inc (NYSE: GATO) Key Stats
The company with the Market Capitalisation of 1.14 billion has total of 69,470K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of 12,860 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was 9,880 K.
