Arrowstreet Capital Limited Partnership Sells 103,424 Shares of Gatos Silver, Inc. (NYSE:GATO)

Arrowstreet Capital Limited Partnership cut its position in shares of Gatos Silver, Inc. (NYSE:GATO) by 41.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 144,081 shares of the company’s stock after selling 103,424 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.21% of Gatos Silver worth $2,014,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Magnetar Financial LLC grew its holdings in Gatos Silver by 120.8% during the 4th quarter. Magnetar Financial LLC now owns 2,099,292 shares of the company’s stock worth $29,348,000 after acquiring an additional 1,148,644 shares in the last quarter. Alpine Associates Management Inc. grew its position in Gatos Silver by 71.7% during the 4th quarter. Alpine Associates Management Inc. now owns 2,279,155 shares of the company’s stock worth $31,863,000 after purchasing an additional 951,683 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Gatos Silver by 905.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 274,860 shares of the company’s stock valued at $4,145,000 after buying an additional 247,510 shares during the last quarter. Van ECK Associates Corp grew its stake in Gatos Silver by 15.1% during the 4th quarter. Van ECK Associates Corp now owns 1,628,571 shares of the company’s stock valued at $22,767,000 after purchasing an additional 213,066 shares during the last quarter. Finally, Lingotto Investment Management LLP boosted its position in Gatos Silver by 2.8% in the fourth quarter. Lingotto Investment Management LLP now owns 3,727,305 shares of the company’s stock valued at $52,108,000 after buying an additional 100,404 shares during the last quarter. Hedge funds and other institutional investors own 44.81% of the company’s stock.

Gatos Silver Price Performance

Gatos Silver stock opened at $14.40 on Friday. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 29.39 and a beta of 1.95. The business’s 50-day moving average price is $14.40 and its 200 day moving average price is $15.31. Gatos Silver, Inc. has a 52 week low of $9.18 and a 52 week high of $20.31.

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.