Mint Tower Capital Management B.V. Invests $379,000 in Gatos Silver, Inc. (NYSE:GATO)

Mint Tower Capital Management B.V. acquired a new stake in shares of Gatos Silver, Inc. (NYSE:GATO) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 27,117 shares of the company’s stock, valued at approximately $379,000.

Other large investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in Gatos Silver in the fourth quarter valued at about $36,000. Magnetar Financial LLC lifted its holdings in shares of Gatos Silver by 120.8% during the 4th quarter. Magnetar Financial LLC now owns 2,099,292 shares of the company’s stock valued at $29,348,000 after buying an additional 1,148,644 shares during the last quarter. Skandinaviska Enskilda Banken AB publ grew its stake in shares of Gatos Silver by 13.2% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 214,999 shares of the company’s stock valued at $2,945,000 after buying an additional 25,000 shares in the last quarter. Vestcor Inc increased its holdings in Gatos Silver by 72.0% in the fourth quarter. Vestcor Inc now owns 45,422 shares of the company’s stock worth $635,000 after buying an additional 19,007 shares during the last quarter. Finally, AlphaQuest LLC acquired a new position in Gatos Silver in the fourth quarter worth approximately $66,000. Institutional investors and hedge funds own 44.81% of the company’s stock.

Gatos Silver Price Performance

NYSE GATO opened at $14.40 on Thursday. The stock has a market capitalization of $1.00 billion, a PE ratio of 29.39 and a beta of 1.95. Gatos Silver, Inc. has a 12-month low of $8.07 and a 12-month high of $20.31. The company has a 50 day moving average price of $14.40 and a two-hundred day moving average price of $15.32.

Gatos Silver Company 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.