Gatos Silver (GATO) to Release Earnings on Tuesday

Gatos Silver (NYSE:GATO) is expected to issue its quarterly earnings data before the market opens on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.15 per share for the quarter.

Gatos Silver Stock Performance

Gatos Silver stock opened at $14.40 on Friday. Gatos Silver has a 1 year low of $5.42 and a 1 year high of $20.31. The company’s 50 day simple moving average is $14.58 and its 200-day simple moving average is $14.85. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 29.39 and a beta of 1.95.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on GATO. Canaccord Genuity Group downgraded shares of Gatos Silver from a “buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Canaccord Genuity Group reiterated a “hold” rating on shares of Gatos Silver in a report on Tuesday, October 22nd. Four equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $12.90.

About Gatos Silver

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