RBC Capital analyst Michael Siperco maintained a Hold rating on Gatos Silver (GATO – Research Report) on February 13 and set a price target of $6.50. The company’s shares closed yesterday at $5.98.
Siperco covers the Basic Materials sector, focusing on stocks such as SSR Mining, Alamos Gold, and Eldorado Gold. According to TipRanks, Siperco has an average return of -13.3% and a 26.52% success rate on recommended stocks.
Currently, the analyst consensus on Gatos Silver is a Hold with an average price target of $6.63.
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GATO market cap is currently $404.6M and has a P/E ratio of -123.94.
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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 Fourth Quarter and Full Year 2023 Results Conference Call and Webcast
- Gatos Silver Reports New Intercepts of High-Grade Mineralization at Cerro Los Gatos
- Gatos: CLG mine Q4 average mill throughput 3,000 tonnes per day plus
- Gatos Silver Reports 2023 Silver Production Near Top End of Guidance
