With 1.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.67 million shares. During the session, the Other Precious Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $16.45 whereas the lowest price it dropped to was $15.275. The 52-week range on GATO shows that it touched its highest point at $15.95 and its lowest point at $4.39 during that stretch. It currently has a 1-year price target of $14.38. Beta for the stock currently stands at 2.10.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GATO was up-trending over the past week, with a rise of 6.00%, but this was up by 24.79% over a month. Three-month performance surged to 55.00% while six-month performance rose 100.74%. The stock gained 187.28% in the past year, while it has gained 148.62% so far this year. A look at the trailing 12-month EPS for GATO yields 0.39 with Next year EPS estimates of 0.82. For the next quarter, that number is 0.14. This implies an EPS growth rate of 154.17% for this year and 79.23% for next year.
Float and Shares Shorts:
At present, 69.16 million GATO shares are outstanding with a float of 46.52 million shares on hand for trading. On 2024-08-30, short shares totaled 1.1 million, which was 158.00001 higher than short shares on 1722384000. In addition to Mr. Dale E. Andres as the firm’s CEO & Director, Mr. Pieter Andre van Niekerk serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.92564005 of GATO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, GATO reported revenue of $0.0 and operating income of $-7919000.0. The EBITDA in the recently reported quarter was $9288000.0 and diluted EPS was $0.13.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GATO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
