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The Significance of Moving Averages in Gatos Silver Inc Inc. (GATO) Price Performance

ELVT Stock

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 45.41% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 85.74%. Over the past 30 days, the price of GATO has fallen by 36.05%. And in the last five days, it has surged by 18.73%.

Gatos Silver Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $8.82 on 04/03/24, while the lowest value for the same period was recorded at $3.51 on 06/28/23.

52-week price history of GATO Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Gatos Silver Inc’s current trading price is 7.77% away from its 52-week high, while its distance from the 52-week low is 170.94%. The stock’s price range during this period has varied between$3.51 and $8.82. The Gatos Silver Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 0.53 million for the day, a figure considerably higher than their average daily volume of 0.29 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Gatos Silver Inc (GATO) has experienced a quarterly rise of 54.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 657.90M and boasts a workforce of 19 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 6.50, with a change in price of +4.73. Similarly, Gatos Silver Inc recorded 293,766 in trading volume during the last 100 days, posting a change of +98.95%.

GATO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GATO stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

GATO Stock Stochastic Average

Gatos Silver Inc’s raw stochastic average for the past 50 days is presently 98.55%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 97.79%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.05% and 88.92%, respectively.