Insider Selling: Gatos Silver, Inc. (NYSE:GATO) VP Sells 33,368 Shares of Stock

Gatos Silver, Inc. (NYSE:GATO) VP Luis Felipe Huerta sold 33,368 shares of Gatos Silver stock in a transaction that occurred on Monday, June 7th. The stock was sold at an average price of $18.61, for a total value of $620,978.48. Following the completion of the sale, the vice president now directly owns 20,568 shares in the company, valued at $382,770.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Luis Felipe Huerta also recently made the following trade(s):

  • On Thursday, June 3rd, Luis Felipe Huerta sold 11,632 shares of Gatos Silver stock. The stock was sold at an average price of $16.63, for a total value of $193,440.16.
  • On Thursday, May 27th, Luis Felipe Huerta sold 35,785 shares of Gatos Silver stock. The stock was sold at an average price of $16.15, for a total value of $577,927.75.

NYSE:GATO opened at $19.38 on Friday. Gatos Silver, Inc. has a 52 week low of $5.78 and a 52 week high of $24.00. The company has a fifty day simple moving average of $13.04.

A number of large investors have recently bought and sold shares of GATO. Citigroup Inc. purchased a new stake in Gatos Silver in the fourth quarter valued at $58,000. Strs Ohio purchased a new stake in Gatos Silver in the fourth quarter valued at $74,000. State of Tennessee Treasury Department acquired a new stake in shares of Gatos Silver in the first quarter valued at $89,000. Black Swift Group LLC acquired a new stake in shares of Gatos Silver in the first quarter valued at $104,000. Finally, Alpha Omega Wealth Management LLC acquired a new stake in shares of Gatos Silver in the first quarter valued at $105,000. Institutional investors own 46.19% of the company’s stock.

A number of brokerages recently commented on GATO. BMO Capital Markets lifted their price objective on Gatos Silver from $10.00 to $11.50 and gave the stock a “market perform” rating in a research report on Monday, May 10th. CIBC began coverage on Gatos Silver in a research report on Monday, April 19th. They set an “outperformer” rating and a $14.00 price objective on the stock. Finally, Canaccord Genuity began coverage on Gatos Silver in a research report on Thursday, May 27th. They set a “buy” rating and a $18.50 price objective on the stock.

Gatos Silver Company Profile

Gatos Silver, Inc engages in the exploration, development, and production of precious metals. It primarily explores for silver ores. The company also explores for zinc, lead, copper, and gold ores. Its flagship asset is the Cerro Los Gatos mine located at the Los Gatos District in Chihuahua state, Mexico.

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Insider Buying and Selling by Quarter for Gatos Silver (NYSE:GATO)

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