Gatos Silver Inc (GATO) Stock: Do Analysts Think You Should Sell?

Monday, August 21, 2023 12:47 PM | InvestorsObserver Analysts

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InvestorsObserver is giving Gatos Silver Inc (GATO) an Analyst Rating Rank of 6, meaning GATO is ranked higher by analysts than 6% of stocks. The average price target for GATO is $5.375 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating GATO a Hold today. Find out what this means to you and get the rest of the rankings on GATO!
See Full GATO Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Gatos Silver Inc Stock Today?

Gatos Silver Inc (GATO) stock has fallen -0.85% while the S&P 500 is up 0.13% as of 12:44 PM on Monday, Aug 21. GATO is down -$0.04 from the previous closing price of $4.11 on volume of 60,911 shares. Over the past year the S&P 500 has gained 5.74% while GATO is up 19.65%. GATO lost -$0.04 per share the over the last 12 months. Click Here to get the full Stock Report for Gatos Silver Inc stock.

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