Mirae Asset Global Investments Co. Ltd. boosted its stake in Gatos Silver, Inc. (NYSE:GATO – Get Rating) by 4.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,029,630 shares of the company's stock after purchasing an additional 40,441 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 1.49% of Gatos Silver worth $4,448,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. New York State Common Retirement Fund increased its holdings in Gatos Silver by 22.7% in the 4th quarter. New York State Common Retirement Fund now owns 27,876 shares of the company's stock valued at $289,000 after purchasing an additional 5,161 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of Gatos Silver during the first quarter valued at about $29,000. Swiss National Bank grew its stake in shares of Gatos Silver by 7.6% during the first quarter. Swiss National Bank now owns 98,000 shares of the company's stock valued at $423,000 after acquiring an additional 6,900 shares in the last quarter. Northern Trust Corp grew its stake in shares of Gatos Silver by 2.1% during the fourth quarter. Northern Trust Corp now owns 435,312 shares of the company's stock valued at $4,519,000 after acquiring an additional 8,803 shares in the last quarter. Finally, ProShare Advisors LLC acquired a new stake in shares of Gatos Silver during the fourth quarter valued at about $105,000. 56.49% of the stock is currently owned by institutional investors and hedge funds.

Gatos Silver Stock Performance

Shares of Gatos Silver stock opened at $3.41 on Tuesday. The business has a 50-day moving average of $3.29 and a 200-day moving average of $3.63. Gatos Silver, Inc. has a 1-year low of $2.40 and a 1-year high of $15.25.

About Gatos Silver

Gatos Silver, Inc engages in the exploration, development, and production of precious metals. It primarily explores for silver ores. The company also explores for zinc, lead, copper, and gold ores. Its flagship asset is the Cerro Los Gatos mine located at the Los Gatos District in Chihuahua state, Mexico.

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