D. E. Shaw & Co. Inc. Boosts Position in Gatos Silver, Inc. (NYSE:GATO)

D. E. Shaw & Co. Inc. lifted its stake in shares of Gatos Silver, Inc. (NYSE:GATO) by 87.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 552,479 shares of the company’s stock after acquiring an additional 257,497 shares during the period. D. E. Shaw & Co. Inc. owned 0.80% of Gatos Silver worth $7,724,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of GATO. BNP Paribas Financial Markets purchased a new position in shares of Gatos Silver during the 4th quarter worth $30,000. Quantbot Technologies LP acquired a new stake in shares of Gatos Silver during the 4th quarter worth about $36,000. AlphaQuest LLC acquired a new stake in shares of Gatos Silver during the 4th quarter worth about $66,000. Synergy Asset Management LLC acquired a new stake in shares of Gatos Silver during the 4th quarter worth about $138,000. Finally, Pictet Asset Management Holding SA acquired a new stake in shares of Gatos Silver during the 4th quarter worth about $146,000. Hedge funds and other institutional investors own 44.81% of the company’s stock.

Gatos Silver Stock Performance

Shares of NYSE:GATO opened at $14.40 on Friday. The business has a 50-day moving average price of $14.40 and a 200 day moving average price of $14.87. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 29.39 and a beta of 1.95. Gatos Silver, Inc. has a 12-month low of $9.57 and a 12-month high of $20.31.

Gatos Silver 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.