Charles Schwab Investment Management Inc. Buys 6,886 Shares of Gatos Silver, Inc. (NYSE:GATO)

Charles Schwab Investment Management Inc. lifted its stake in Gatos Silver, Inc. (NYSE:GATO) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 281,746 shares of the company’s stock after purchasing an additional 6,886 shares during the period. Charles Schwab Investment Management Inc. owned 0.41% of Gatos Silver worth $3,939,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of GATO. Victory Capital Management Inc. purchased a new stake in Gatos Silver in the third quarter worth about $428,000. Citigroup Inc. purchased a new position in shares of Gatos Silver in the 3rd quarter valued at approximately $10,676,000. FORA Capital LLC bought a new stake in shares of Gatos Silver during the third quarter valued at approximately $244,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Gatos Silver by 53.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,807 shares of the company’s stock worth $163,000 after purchasing an additional 3,783 shares during the period. Finally, Jane Street Group LLC grew its stake in Gatos Silver by 168.6% in the third quarter. Jane Street Group LLC now owns 122,786 shares of the company’s stock worth $1,852,000 after purchasing an additional 77,073 shares during the period. Institutional investors own 44.81% of the company’s stock.

Gatos Silver Stock Performance

Shares of Gatos Silver stock opened at $14.40 on Thursday. Gatos Silver, Inc. has a 12 month low of $8.07 and a 12 month high of $20.31. The firm has a market capitalization of $1.00 billion, a P/E ratio of 29.39 and a beta of 1.95. The business has a fifty day simple moving average of $14.40 and a two-hundred day simple moving average of $15.32.

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.