Cigogne Management SA Takes Position in Gatos Silver, Inc. (NYSE:GATO)

Cigogne Management SA purchased a new position in shares of Gatos Silver, Inc. (NYSE:GATO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 85,000 shares of the company’s stock, valued at approximately $1,188,000. Cigogne Management SA owned approximately 0.12% of Gatos Silver as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Quantessence Capital LLC bought a new position in Gatos Silver in the 4th quarter valued at approximately $3,963,000. Tower Research Capital LLC TRC increased its holdings in shares of Gatos Silver by 76.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 14,487 shares of the company’s stock worth $203,000 after buying an additional 6,291 shares in the last quarter. Gabelli Funds LLC lifted its stake in shares of Gatos Silver by 100.0% in the 4th quarter. Gabelli Funds LLC now owns 70,000 shares of the company’s stock valued at $979,000 after acquiring an additional 35,000 shares during the last quarter. Mariner LLC acquired a new stake in shares of Gatos Silver during the 4th quarter valued at $189,000. Finally, Barclays PLC grew its position in Gatos Silver by 440.5% during the 4th quarter. Barclays PLC now owns 54,675 shares of the company’s stock worth $764,000 after acquiring an additional 44,559 shares during the last quarter. 44.81% of the stock is currently owned by institutional investors.

Gatos Silver Stock Performance

Gatos Silver stock opened at $14.40 on Thursday. The stock has a 50-day moving average price of $14.40 and a two-hundred day moving average price of $15.22. Gatos Silver, Inc. has a 12 month low of $9.50 and a 12 month high of $20.31. The company has a market capitalization of $1.00 billion, a PE ratio of 29.39 and a beta of 1.95.

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.