Gatos Silver Inc. (GATO) is priced at $4.27 after the most recent trading session. At the very opening of the session, the stock price was $4.02 and reached a high price of $4.36, prior to closing the session it reached the value of $3.91. The stock touched a low price of $3.82.Recently in News on July 22, 2022, Gatos Silver Provides Bi-Weekly Status Report. Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). In its March 18, 2022 news release (the “Notice”), the Company announced the delay in the filing of its annual report on Form 10-K for the year ended December 31, 2021, which includes its audited consolidated financial statements as at and for the year ended December 31, 2021, together with the auditor’s report thereon and the notes thereto, its management’s discussion and analysis for the year ended December 31, 2021 relating to the audited annual financial statements, and the Chief Executive Officer and Chief Financial Officer certificates relating to its annual filings by the filing deadline of March 31, 2022. In its May 13, 2022 news release, the Company announced the delay in the filing of its interim financial filings on Form 10-Q for the quarterly period ended March 31, 2022, which includes interim financial statements as at and for the quarterly period ended March 31, 2022, together with its management’s discussion and analysis for the quarterly period ended March 31, 2022 relating to the interim financial statements, and the Chief Executive Officer and Chief Financial Officer certificates relating to its interim filings by the filing deadline of May 16, 2022. You can read further details here
Gatos Silver Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $11.70 on 01/20/22, with the lowest value was $2.40 for the same time period, recorded on 07/06/22.
Gatos Silver Inc. (GATO) full year performance was -68.67%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Gatos Silver Inc. shares are logging -72.00% during the 52-week period from high price, and 77.92% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.40 and $15.25.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 783275 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Gatos Silver Inc. (GATO) recorded performance in the market was -58.86%, having the revenues showcasing 25.96% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 258.72M, as it employees total of 620 workers.
Market experts do have their say about Gatos Silver Inc. (GATO)
During the last month, 0 analysts gave the Gatos Silver Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.57, with a change in the price was noted -0.36. In a similar fashion, Gatos Silver Inc. posted a movement of -7.78% for the period of last 100 days, recording 903,315 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GATO is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.03.
Technical breakdown of Gatos Silver Inc. (GATO)
Raw Stochastic average of Gatos Silver Inc. in the period of last 50 days is set at 95.41%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.07%. In the last 20 days, the company’s Stochastic %K was 94.15% and its Stochastic %D was recorded 91.35%.
Bearing in mind the latest performance of Gatos Silver Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -58.86%. Additionally, trading for the stock in the period of the last six months notably improved by 31.38%, alongside a downfall of -68.67% for the period of the last 12 months. The shares increased approximately by 22.70% in the 7-day charts and went down by 70.80% in the period of the last 30 days. Common stock shares were driven by 25.96% during last recorded quarter.