Gatos Silver (GATO) to Release Earnings on Monday

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

Gatos Silver (NYSE:GATO) last announced its quarterly earnings data 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 Stock Performance

Shares of GATO opened at $16.35 on Friday. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 42.58 and a beta of 2.05. The company’s 50 day simple moving average is $15.98 and its 200 day simple moving average is $13.05. Gatos Silver has a 1 year low of $4.51 and a 1 year high of $20.31.

Wall Street Analyst Weigh In

GATO has been the topic of a number of recent analyst reports. Royal Bank of Canada increased their price target on shares of Gatos Silver from $11.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Tuesday, September 10th. Canaccord Genuity Group downgraded shares of Gatos Silver from a “buy” rating to a “hold” rating in a research note on Tuesday, October 22nd. Canaccord Genuity Group reaffirmed a “hold” rating on shares of Gatos Silver in a research note on Tuesday, October 22nd. Finally, CIBC increased their price target on shares of Gatos Silver from $15.00 to $17.50 and gave the stock an “outperformer” rating in a research note on Thursday, September 26th. Four equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $12.90.

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.