Gatos Silver, Inc. (NYSE:GATO) Shares Acquired by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Gatos Silver, Inc. (NYSE:GATO) by 13.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 214,999 shares of the company’s stock after purchasing an additional 25,000 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned about 0.31% of Gatos Silver worth $2,945,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in GATO. Victory Capital Management Inc. acquired a new stake in shares of Gatos Silver during the 3rd quarter worth approximately $428,000. Alpine Associates Management Inc. acquired a new stake in shares of Gatos Silver during the 3rd quarter worth approximately $20,018,000. Charles Schwab Investment Management Inc. raised its position in shares of Gatos Silver by 905.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 274,860 shares of the company’s stock worth $4,145,000 after purchasing an additional 247,510 shares during the period. Citigroup Inc. acquired a new stake in shares of Gatos Silver during the 3rd quarter worth approximately $10,676,000. Finally, FORA Capital LLC acquired a new stake in shares of Gatos Silver during the 3rd quarter worth approximately $244,000. 44.81% of the stock is currently owned by institutional investors and hedge funds.

Gatos Silver Stock Performance

Shares of Gatos Silver stock opened at $14.40 on Monday. The business’s 50 day simple moving average is $14.46 and its 200-day simple moving average is $15.21. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 29.39 and a beta of 1.95. Gatos Silver, Inc. has a twelve month low of $5.42 and a twelve month high of $20.31.

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.