Where Does Wall Street Think Gatos Silver Inc (GATO) Stock Will Go?

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!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Gatos Silver Inc Stock Today?

Gatos Silver Inc (GATO) stock has risen 9.57% while the S&P 500 has fallen -0.05% as of 3:32 PM on Friday, Sep 8. GATO is up $0.44 from the previous closing price of $4.65 on volume of 523,098 shares. Over the past year the S&P 500 has risen 11.05% while GATO is up 85.45%. 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.