Gatos Silver (GATO) Scheduled to Post Earnings on Monday

Gatos Silver (NYSE:GATO) is set to issue its quarterly earnings data after the market closes on Monday, November 11th. Parties that wish to listen to the company’s conference call can do so using this link.

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

Gatos Silver Price Performance

Shares of NYSE:GATO opened at $18.40 on Monday. The company’s fifty day moving average price is $15.60 and its 200-day moving average price is $12.89. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 45.23 and a beta of 2.05. Gatos Silver has a one year low of $4.39 and a one year high of $20.31.

Wall Street Analyst Weigh In

GATO has been the topic of a number of research reports. Cibc World Mkts upgraded Gatos Silver to a “strong-buy” rating in a research report on Wednesday, July 10th. Canaccord Genuity Group cut Gatos Silver from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Royal Bank of Canada boosted their target price on Gatos Silver from $11.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Tuesday, September 10th. CIBC increased their price target on shares of Gatos Silver from $15.00 to $17.50 and gave the company an “outperformer” rating in a research report on Thursday, September 26th. Finally, Canaccord Genuity Group reissued a “hold” rating on shares of Gatos Silver in a research note on Tuesday, October 22nd. Four equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Gatos Silver presently has a consensus rating of “Hold” and an average price target 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.