With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.05 million shares. During the session, the Other Precious Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $15.495 whereas the lowest price it dropped to was $15.22. The 52-week range on GATO shows that it touched its highest point at $20.31 and its lowest point at $5.42 during that stretch. It currently has a 1-year price target of $15.79. Beta for the stock currently stands at 1.96.
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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 down-trending over the past week, with a drop of -7.64%, but this was down by -19.83% over a month. Three-month performance surged to 27.41% while six-month performance rose 26.06%. The stock gained 152.94% in the past year, while it has gained 136.70% so far this year. A look at the trailing 12-month EPS for GATO yields 0.48 with Next year EPS estimates of 0.74. For the next quarter, that number is 0.16. This implies an EPS growth rate of 162.50% for this year and 56.08% for next year.
Float and Shares Shorts:
At present, 69.16 million GATO shares are outstanding with a float of 46.55 million shares on hand for trading. On 2024-10-15, short shares totaled 1.35 million, which was 195.0 higher than short shares on 1726185600. In addition to Mr. Dale E. Andres as the firm’s CEO & Director, Mr. Anthony Scott P.Geo. serves as its Senior Vice President of Corporate Development & Technical Services.
Institutional Ownership:
Through their ownership of 0.95055 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 -$10583000.0. The EBITDA in the recently reported quarter was $10417000.0 and diluted EPS was $0.14.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GATO since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GATO analysts setting a high price target of 19.0 and a low target of 13.0, the average target price over the next 12 months is 15.79. Based on these targets, GATO could surge 22.74% to reach the target high and fall by -16.02% to reach the target low. Reaching the average price target will result in a growth of 2.0% from current levels.
Analysts have provided yearly estimates in a range of $0.49925 being high and $0.44575 being low. For GATO, this leads to a yearly average estimate of $0.4725. The surprise factor in the prior quarter was $0.16. Based on analyst estimates, the high estimate for the next quarter is $0.19 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.19.
