Victory Capital Management Inc. Raises Stock Position in Gatos Silver, Inc. (NYSE:GATO)

Victory Capital Management Inc. lifted its position in Gatos Silver, Inc. (NYSE:GATO) by 38.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,376 shares of the company’s stock after buying an additional 11,023 shares during the period. Victory Capital Management Inc. owned approximately 0.06% of Gatos Silver worth $550,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Synergy Asset Management LLC purchased a new position in shares of Gatos Silver in the 4th quarter worth approximately $138,000. Barclays PLC grew its position in shares of Gatos Silver by 1,332.9% in the 3rd quarter. Barclays PLC now owns 10,116 shares of the company’s stock worth $152,000 after buying an additional 9,410 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Gatos Silver by 53.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,807 shares of the company’s stock worth $163,000 after buying an additional 3,783 shares during the last quarter. FORA Capital LLC purchased a new position in shares of Gatos Silver in the 3rd quarter worth approximately $244,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Gatos Silver in the 3rd quarter worth approximately $271,000. Hedge funds and other institutional investors own 44.81% of the company’s stock.

Gatos Silver Price Performance

Shares of Gatos Silver stock opened at $14.40 on Friday. The company has a market cap of $1.00 billion, a P/E ratio of 29.39 and a beta of 1.95. Gatos Silver, Inc. has a 52-week low of $7.78 and a 52-week high of $20.31. The firm’s 50 day moving average price is $14.41 and its 200-day moving average price is $15.24.

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.