21,074 Shares in Gatos Silver, Inc. (NYSE:GATO) Acquired by Optimize Financial Inc

Optimize Financial Inc purchased a new stake in Gatos Silver, Inc. (NYSE:GATO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,074 shares of the company’s stock, valued at approximately $295,000.

Several other large investors have also recently modified their holdings of GATO. Charles Schwab Investment Management Inc. raised its position in Gatos Silver by 905.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 274,860 shares of the company’s stock worth $4,145,000 after purchasing an additional 247,510 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Gatos Silver by 168.6% in the third quarter. Jane Street Group LLC now owns 122,786 shares of the company’s stock valued at $1,852,000 after buying an additional 77,073 shares during the period. Victory Capital Management Inc. raised its position in shares of Gatos Silver by 38.9% during the fourth quarter. Victory Capital Management Inc. now owns 39,376 shares of the company’s stock worth $550,000 after acquiring an additional 11,023 shares during the last quarter. Barclays PLC lifted 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 worth $152,000 after acquiring an additional 9,410 shares during the period. Finally, New York Life Investment Management LLC bought a new stake in Gatos Silver in the fourth quarter valued at approximately $799,000. Institutional investors own 44.81% of the company’s stock.

Gatos Silver Stock Performance

Gatos Silver stock opened at $14.40 on Friday. The firm 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 52-week low of $9.18 and a 52-week high of $20.31. The firm has a 50 day moving average price of $14.40 and a two-hundred day moving average price of $15.29.

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.