Gatos Silver (GATO) Scheduled to Post Earnings on Monday

Gatos Silver (NYSE:GATO) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, November 11th. Individual interested in participating in the company’s earnings conference call can do so using this link.

Gatos Silver (NYSE:GATO) last released its earnings results on Tuesday, August 6th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02).

Gatos Silver Trading Up 1.7 %

NYSE:GATO opened at $18.40 on Monday. Gatos Silver has a 12 month low of $4.39 and a 12 month high of $20.31. The firm’s 50 day moving average is $15.60 and its 200 day moving average is $12.89. The stock has a market capitalization of $1.28 billion, a PE ratio of 45.23 and a beta of 2.05.

Analysts Set New Price Targets

A number of research analysts have recently commented on GATO shares. Canaccord Genuity Group reaffirmed a “hold” rating on shares of Gatos Silver in a research report on Tuesday, October 22nd. Royal Bank of Canada upped their price objective on shares of Gatos Silver from $11.00 to $13.00 and gave the company a “sector perform” rating in a report on Tuesday, September 10th. Cibc World Mkts upgraded shares of Gatos Silver to a “strong-buy” rating in a research note on Wednesday, July 10th. CIBC upped their price target on shares of Gatos Silver from $15.00 to $17.50 and gave the company an “outperformer” rating in a research note on Thursday, September 26th. Finally, Canaccord Genuity Group downgraded shares of Gatos Silver from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Four analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Gatos Silver presently has an average rating of “Hold” and a consensus target price of $12.90.

Gatos Silver Company 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.