Lingotto Investment Management LLP Buys 100,404 Shares of Gatos Silver, Inc. (NYSE:GATO)

Lingotto Investment Management LLP grew its stake in shares of Gatos Silver, Inc. (NYSE:GATO) by 2.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,727,305 shares of the company’s stock after purchasing an additional 100,404 shares during the period. Gatos Silver comprises approximately 1.4% of Lingotto Investment Management LLP’s portfolio, making the stock its 13th biggest position. Lingotto Investment Management LLP owned about 5.37% of Gatos Silver worth $52,108,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new stake in Gatos Silver during the 4th quarter worth approximately $138,000. Barclays PLC increased its holdings in Gatos Silver by 1,332.9% during the 3rd quarter. Barclays PLC now owns 10,116 shares of the company’s stock worth $152,000 after purchasing an additional 9,410 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Gatos Silver by 53.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,807 shares of the company’s stock worth $163,000 after purchasing an additional 3,783 shares in the last quarter. FORA Capital LLC bought a new stake in Gatos Silver during the 3rd quarter worth approximately $244,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Gatos Silver during the 3rd quarter worth approximately $271,000. 44.81% of the stock is owned by institutional investors.

Gatos Silver Price Performance

GATO stock opened at $14.40 on Wednesday. The firm has a market cap of $1.00 billion, a PE ratio of 29.39 and a beta of 1.95. The business has a 50 day moving average of $14.39 and a 200-day moving average of $15.03. Gatos Silver, Inc. has a 12-month low of $5.42 and a 12-month high of $20.31.

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.