RBC Capital analyst Michael Siperco maintained a Hold rating on Gatos Silver (GATO – Research Report) today and set a price target of $6.00. The company’s shares opened today at $4.18.
Siperco covers the Basic Materials sector, focusing on stocks such as Coeur Mining, Hecla Mining Company, and Pan American Silver. According to TipRanks, Siperco has an average return of -3.6% and a 40.63% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Gatos Silver with a $6.00 average price target.
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GATO market cap is currently $298.1M and has a P/E ratio of -6.70.
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Gatos Silver Inc is a precious metals production, development and exploration company with the objective of becoming a silver producer. The company is focused on the production and development of the Cerro Los Gatos Mine.
Read More on GATO:
- Gatos Silver Provides Bi-Weekly Status Report
- Gatos Silver Reports Select Unaudited First Quarter 2023 and Fourth Quarter 2022 Results and Provides Update on Financial Restatements
- Gatos Silver Announces Delay in Filing Its Financial Statements for the First Quarter of 2023
- Gatos Silver Announces Remedial Listing Review by Toronto Stock Exchange
- Gatos Silver Continues to Intercept High Grade Mineralization at Cerro Los Gatos
