Gatos Silver Inc (NYSE:GATO) price closed higher on Friday, April 12, jumping 0.82% above its previous close.
A look at the daily price movement shows that the last close reads $9.72. The company’s 5Y monthly beta was ticking 2.21 while its P/E ratio in the trailing 12-month period read 52.77. Taking into account the 52-week price action we note that the stock hit a 52-week high of $9.82 and 52-week low of $3.51. The stock added 22.65% on its value in the past month.
Gatos Silver Inc, which has a market valuation of $677.96 million, is expected to release its quarterly earnings report Jun 04, 2024 – Jun 10, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give GATO a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that GATO’s price is at present 14.05% off the SMA20 and 33.64% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 73.45, with weekly volatility standing at 8.43%. The indicator jumps to 7.05% when calculated based on the past 30 days. Gatos Silver Inc (NYSE:GATO)’s beta value is holding at 2.18, while the average true range (ATR) indicator is currently reading 0.61. An analysis of the Gatos Silver Inc (NYSE:GATO) stock in terms of its daily trading volume indicates that the 3-month average is 319.02K.
Current records show that the company has 69.16M in outstanding shares. The insiders’ percentage holdings are 33.80% of outstanding shares while the percentage share held by institutions stands at 47.19%. But the 49.85% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
