Gatos Silver (GATO) Projected to Post Quarterly Earnings on Tuesday

Gatos Silver (NYSE:GATO) is anticipated to release its earnings data before the market opens on Tuesday, February 18th. Analysts expect Gatos Silver to post earnings of $0.15 per share for the quarter.

Gatos Silver Stock Performance

Shares of GATO opened at $14.40 on Monday. The firm has a market cap of $1.00 billion, a P/E ratio of 29.39 and a beta of 1.95. Gatos Silver has a 12-month low of $5.42 and a 12-month high of $20.31. The company’s 50-day moving average price is $14.58 and its 200 day moving average price is $14.86.

Analyst Ratings Changes

Several brokerages recently issued reports on GATO. Canaccord Genuity Group lowered shares of Gatos Silver from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Canaccord Genuity Group restated a “hold” rating on shares of Gatos Silver in a report on Tuesday, October 22nd. Four equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to MarketBeat.com, Gatos Silver currently has a consensus rating of “Hold” and an average target price of $12.90.

Gatos Silver Company Profile

Gatos Silver, Inc engages in the exploration, development, and production of precious metals. It primarily explores for silver deposits. The company also explores for zinc, lead, copper, and gold ores. Its flagship asset is the Los Gatos District, including the Cerro Los Gatos mine in Chihuahua, Mexico.