Quantbot Technologies LP Purchases Shares of 2,568 Gatos Silver, Inc. (NYSE:GATO)

Quantbot Technologies LP purchased a new stake in shares of Gatos Silver, Inc. (NYSE:GATO) during the 4th quarter, HoldingsChannel reports. The fund purchased 2,568 shares of the company’s stock, valued at approximately $36,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its holdings in Gatos Silver by 905.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 274,860 shares of the company’s stock worth $4,145,000 after acquiring an additional 247,510 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake 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 worth $163,000 after purchasing an additional 3,783 shares during the last quarter. Jane Street Group LLC raised 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 worth $1,852,000 after purchasing an additional 77,073 shares in the last quarter. XTX Topco Ltd lifted its stake in Gatos Silver by 103.3% during the third quarter. XTX Topco Ltd now owns 21,893 shares of the company’s stock valued at $330,000 after purchasing an additional 11,122 shares during the last quarter. Finally, K2 Principal Fund L.P. acquired a new stake in Gatos Silver during the third quarter valued at approximately $2,037,000. Institutional investors own 44.81% of the company’s stock.

Gatos Silver Price Performance

GATO opened at $14.40 on Wednesday. The firm has a market cap of $1.00 billion, a PE ratio of 29.39 and a beta of 1.95. The business has a fifty day simple moving average of $14.40 and a 200-day simple moving average of $15.37. Gatos Silver, Inc. has a fifty-two week low of $8.34 and a fifty-two week high of $20.31.

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.