Banque Cantonale Vaudoise Sells 1,396 Shares of Gatos Silver, Inc. (NYSE:GATO)

Banque Cantonale Vaudoise cut its holdings in shares of Gatos Silver, Inc. (NYSE:GATO) by 17.2% during the third quarter, Holdings Channel.com reports. The fund owned 6,734 shares of the company’s stock after selling 1,396 shares during the period. Banque Cantonale Vaudoise’s holdings in Gatos Silver were worth $102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GATO. Tidal Investments LLC bought a new stake in Gatos Silver during the first quarter valued at about $17,397,000. Versor Investments LP bought a new stake in Gatos Silver during the third quarter valued at about $2,953,000. Dimensional Fund Advisors LP raised its holdings in Gatos Silver by 18.4% during the second quarter. Dimensional Fund Advisors LP now owns 943,823 shares of the company’s stock valued at $9,853,000 after acquiring an additional 146,462 shares during the period. U S Global Investors Inc. bought a new stake in Gatos Silver during the second quarter valued at about $940,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Gatos Silver in the second quarter worth about $702,000. 44.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

GATO has been the topic of several research reports. CIBC lifted their target price on Gatos Silver from $15.00 to $17.50 and gave the stock an “outperformer” rating in a report on Thursday, September 26th. Royal Bank of Canada lifted their target price on Gatos Silver from $11.00 to $13.00 and gave the stock a “sector perform” rating in a report on Tuesday, September 10th. Canaccord Genuity Group cut Gatos Silver from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Finally, Canaccord Genuity Group reaffirmed a “hold” rating on shares of Gatos Silver in a report on Tuesday, October 22nd. Four research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $12.90.

Gatos Silver Trading Down 2.1 %

GATO opened at $15.84 on Friday. The firm has a market cap of $1.10 billion, a P/E ratio of 32.32 and a beta of 2.05. Gatos Silver, Inc. has a 12 month low of $5.42 and a 12 month high of $20.31. The stock has a 50-day moving average of $16.75 and a 200 day moving average of $13.53.

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.