Victory Capital Management Inc. Grows Position in Gatos Silver, Inc. (NYSE:GATO)

Victory Capital Management Inc. boosted its stake in shares of Gatos Silver, Inc. (NYSE:GATO) by 38.9% during the 4th quarter, Holdings Channel reports. The firm owned 39,376 shares of the company’s stock after acquiring an additional 11,023 shares during the quarter. Victory Capital Management Inc.’s holdings in Gatos Silver were worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of GATO. Charles Schwab Investment Management Inc. grew its position in 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 last quarter. Citigroup Inc. purchased a new stake in shares of Gatos Silver in the 3rd quarter valued at $10,676,000. FORA Capital LLC purchased a new stake in shares of Gatos Silver in the 3rd quarter valued at $244,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Gatos Silver by 53.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,807 shares of the company’s stock valued at $163,000 after acquiring an additional 3,783 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Gatos Silver by 168.6% in the 3rd quarter. Jane Street Group LLC now owns 122,786 shares of the company’s stock valued at $1,852,000 after acquiring an additional 77,073 shares during the last quarter. Hedge funds and other institutional investors own 44.81% of the company’s stock.

Gatos Silver Price Performance

GATO stock opened at $14.40 on Friday. The firm’s fifty day simple moving average is $14.41 and its 200-day simple moving average is $15.24. The company has a market capitalization of $1.00 billion, a P/E ratio of 29.39 and a beta of 1.95. Gatos Silver, Inc. has a 12 month low of $7.78 and a 12 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.