Lighthouse Investment Partners LLC Takes $715,000 Position in Gatos Silver, Inc. (NYSE:GATO)

Lighthouse Investment Partners LLC bought a new stake in Gatos Silver, Inc. (NYSE:GATO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 51,178 shares of the company’s stock, valued at approximately $715,000. Lighthouse Investment Partners LLC owned approximately 0.07% of Gatos Silver as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in GATO. Barclays PLC increased its stake in shares of Gatos Silver by 1,332.9% in the third quarter. Barclays PLC now owns 10,116 shares of the company’s stock valued at $152,000 after buying an additional 9,410 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Gatos Silver by 148.3% in the third quarter. JPMorgan Chase & Co. now owns 73,218 shares of the company’s stock valued at $1,104,000 after acquiring an additional 43,734 shares during the last quarter. Synergy Asset Management LLC bought a new position in Gatos Silver in the fourth quarter valued at about $138,000. Van ECK Associates Corp boosted its holdings in Gatos Silver by 15.1% in the fourth quarter. Van ECK Associates Corp now owns 1,628,571 shares of the company’s stock valued at $22,767,000 after acquiring an additional 213,066 shares during the last quarter. Finally, ABC Arbitrage SA bought a new position in Gatos Silver in the fourth quarter valued at about $618,000. 44.81% of the stock is currently owned by institutional investors and hedge funds.

Gatos Silver Price Performance

Gatos Silver stock opened at $14.40 on Thursday. The business’s 50-day simple moving average is $14.40 and its 200 day simple moving average is $14.90. The stock has a market cap 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.

About Gatos Silver

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.