CIBC analyst Cosmos Chiu maintained a Buy rating on Gatos Silver (GATO – Research Report) today and set a price target of $19.00. The company’s shares opened today at $16.28.
Chiu covers the Basic Materials sector, focusing on stocks such as Gatos Silver, Alamos Gold, and Fortuna Silver Mines. According to TipRanks, Chiu has an average return of 11.5% and a 50.74% success rate on recommended stocks.
Currently, the analyst consensus on Gatos Silver is a Hold with an average price target of $15.79.
GATO market cap is currently $1.1B and has a P/E ratio of 32.93.
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Gatos Silver (GATO) Company Description:
Gatos Silver Inc is a precious metals production, development and exploration company with the objective of becoming a silver producer. The company is focused on the production and development of the Cerro Los Gatos Mine.
