Quantbot Technologies LP Buys Shares of 2,568 Gatos Silver, Inc. (NYSE:GATO)

Quantbot Technologies LP purchased a new position in shares of Gatos Silver, Inc. (NYSE:GATO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,568 shares of the company’s stock, valued at approximately $36,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Magnetar Financial LLC grew its holdings in Gatos Silver by 120.8% during the 4th quarter. Magnetar Financial LLC now owns 2,099,292 shares of the company’s stock worth $29,348,000 after acquiring an additional 1,148,644 shares in the last quarter. Alpine Associates Management Inc. grew its stake in Gatos Silver by 71.7% in the fourth quarter. Alpine Associates Management Inc. now owns 2,279,155 shares of the company’s stock worth $31,863,000 after purchasing an additional 951,683 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Gatos Silver by 905.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 274,860 shares of the company’s stock valued at $4,145,000 after buying an additional 247,510 shares during the last quarter. Van ECK Associates Corp increased its holdings in Gatos Silver by 15.1% in the fourth quarter. Van ECK Associates Corp now owns 1,628,571 shares of the company’s stock valued at $22,767,000 after buying an additional 213,066 shares during the last quarter. Finally, K2 Principal Fund L.P. acquired a new stake in Gatos Silver during the third quarter valued at approximately $2,037,000. Institutional investors own 44.81% of the company’s stock.

Gatos Silver Stock Performance

NYSE GATO opened at $14.40 on Wednesday. The firm has a market capitalization of $1.00 billion, a PE ratio of 29.39 and a beta of 1.95. Gatos Silver, Inc. has a one year low of $8.34 and a one year high of $20.31. The company has a 50-day simple moving average of $14.40 and a 200-day simple moving average of $15.37.

Gatos Silver Profile

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.