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GATO: Riding the Market Waves of Growth and Decline in 2023

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The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 54.74%.However, over the last six months, we can see a weaker performance of 99.61%. Over the last 30 days, the price of GATO has fallen by 25.71%. And in the last five days, it has surged by 4.76%.

Gatos Silver Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $10.96 on 04/12/24 and the lowest value was $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 -7.65% away from its 52-week high, while its distance from the 52-week low is 188.32%. The stock’s price range during this period has varied between$3.51 and $10.96. The Gatos Silver Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 0.73 million for the day, a figure considerably higher than their average daily volume of 0.35 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Gatos Silver Inc (GATO) has experienced a quarterly rise of 64.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 700.10M 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 7.07, with a change in price of +3.82. Similarly, Gatos Silver Inc recorded 332,547 in trading volume during the last 100 days, posting a change of +60.63%.

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 84.86%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 72.30%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 60.31% and 58.25%, respectively.