RBC Capital analyst Michael Siperco maintained a Hold rating on Gatos Silver (GATO – Research Report) on November 13 and set a price target of $5.50. The company’s shares closed yesterday at $5.20.
According to TipRanks, Siperco is an analyst with an average return of -8.9% and a 29.94% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Coeur Mining, New Gold, and Pan American Silver.
Currently, the analyst consensus on Gatos Silver is a Hold with an average price target of $5.50.
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The company has a one-year high of $7.49 and a one-year low of $3.37. Currently, Gatos Silver has an average volume of 377.9K.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GATO in relation to earlier this year.
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Gatos Silver (GATO) Company Description:
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 reports Q3 silver production of 2.2M oz, down 19% from last year
- Gatos Silver Reports Third Quarter 2023 Financial Results and Increases 2023 Production Guidance
- Gatos Silver reports Q3 net income $15.1M vs. $13.0M last year
- GATO Upcoming Earnings Report: What to Expect?
- Gatos Silver Third Quarter 2023 Results Conference Call and Webcast
