Gatos Silver Inc (NYSE:GATO) currently has a daily average trading volume of 457.88K but it saw 3800617 shares traded in last market. With a market cap of 844.56M USD, the company’s current market price of $12.18 came rising about 4.82 while comparing to the previous closing price of $11.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.45 and as low as $4.39. In the recent trading on the day, stock has struck highest price mark of $11.48 while lowest mark touched by it was $12.75.
Taking a look at 20-day trading activity of Gatos Silver Inc (GATO) gives us an average price of $12.15, while its current price level is -15.71% below from 52-week high level whereas it is 177.45% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.05 while that of 200 days or SMA-200 reads an average of $9.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.59% during that period while stretching the period over a month that decreases to 5.65%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.50 which implies that the stock is in neutral territory.
Canaccord Genuity upgraded its recommendation for the stock as a “Buy” from “Hold” on April 23, 2024 while assigning a price target range of $6.50-$12.50. BMO Capital Markets issued its recommendations for the stock as it resumed the price target for the stock is $6.25.
Over the week, GATO’s stock price is moving 0.25% up while it is 12.47% when we observe its performance for the past one month. Year-to-date it is 86.24% up and over the past year, the stock is showing an upside performance of 167.11%.
Currently, Gatos Silver Inc’s total number of outstanding shares is 69.16M. Company’s return on investment (ROI) stands at 7.17% and return on equity (ROE) at 7.50%. It has a price to earnings ratio (P/E ratio) of 31.21 while having a 14.97 of forward P/E ratio. Stock’s beta reads 2.11. Stock has a price to book (P/B) ratio of 2.22. Its return on asset (ROA) is 7.08% on average.
