RBC Capital analyst Michael Siperco maintained a Hold rating on Gatos Silver (GATO – Research Report) on June 29 and set a price target of $5.00. The company’s shares closed yesterday at $3.78.
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 -5.7% and a 33.85% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Gatos Silver with a $5.00 average price target.
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GATO market cap is currently $273.9M and has a P/E ratio of -78.88.
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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 falls -7.4%
- Gatos Silver falls -6.1%
- Gatos Silver reports Q1 EBITDA C$39.6M vs. C$56.5M last year
- Gatos Silver Files Financial Results for First Quarter of 2023 and Announces Investor Conference Call
- Gatos Silver Completes 2021 and 2022 Securities Filings and Announces Date for 2023 Annual Stockholders’ Meeting
