Sagefield Capital LP Acquires 17,194 Shares of Gatos Silver, Inc. (NYSE:GATO)

Sagefield Capital LP boosted its holdings in Gatos Silver, Inc. (NYSE:GATO) by 7.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 236,111 shares of the company’s stock after acquiring an additional 17,194 shares during the quarter. Sagefield Capital LP owned 0.34% of Gatos Silver worth $3,301,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 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 period. Alpine Associates Management Inc. lifted its holdings in shares of Gatos Silver by 71.7% during the 4th quarter. Alpine Associates Management Inc. now owns 2,279,155 shares of the company’s stock valued at $31,863,000 after buying an additional 951,683 shares during the period. AQR Arbitrage LLC lifted its holdings in shares of Gatos Silver by 106.4% during the 4th quarter. AQR Arbitrage LLC now owns 1,472,236 shares of the company’s stock valued at $20,582,000 after buying an additional 758,951 shares during the period. Millennium Management LLC lifted its holdings in shares of Gatos Silver by 198.2% during the 4th quarter. Millennium Management LLC now owns 845,861 shares of the company’s stock valued at $11,825,000 after buying an additional 562,242 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in shares of Gatos Silver by 348.3% during the 4th quarter. Alliancebernstein L.P. now owns 665,816 shares of the company’s stock valued at $9,308,000 after buying an additional 517,282 shares during the period. 44.81% of the stock is owned by institutional investors.

Gatos Silver Stock Performance

Shares of Gatos Silver stock opened at $14.40 on Friday. Gatos Silver, Inc. has a one year low of $9.57 and a one year high of $20.31. The stock’s fifty day moving average is $14.40 and its 200 day moving average is $14.83. The stock has a market cap of $1.00 billion, a P/E ratio of 29.39 and a beta of 1.95.

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.