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Gatos Silver, Inc. (GATO)

NYSE - Nasdaq Real Time Price. Currency in USD
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13.20-0.31 (-2.29%)
As of 1:03PM EDT. Market open.
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  • B
    Brian
    So today the general market is crashing….. are the RobenHood Investors going to buy the dip ? Gato and other silver and gold miners show benefit from the high inflation rate because of the helicopter money the treasury and federal reserve are dropping on the citizens of the United States. 
    Neutral
  • d
    doug5380
    Put in a question to the company but have not received a reply (Hmmm, bad form as the British say!) regarding the interest rate and terms of the debt they are looking to pay off. If anyone on this site knows I think it would go a long way to calming the waters.
    Without details I assume it's a matter of using an inflated stock to pay off expensive debt. Allowing the company to boast about debt payed off or good debt ratio or some such malarkey. With the timing allowing for the brag to happen as silver skyrockets into the end of the year. I see it as a move for the analysts benefit.
  • J
    JT_kirk20
    2,500,000 shares of common stock by certain selling stockholders at a price of US $14.00 per share. In addition, Gatos Silver and the selling stockholders have granted the underwriters a 30-day option to purchase up to 1,339,500 and 375,000 additional shares of common stock, respectively, at the public offering price, less underwriting discounts and commissions ????
    What does this mean ? is thee a major share holder (Sprott) maybe selling their shares for 14 ?
    why would I want to buy if the smart money is selling ?
  • j
    jeffrey
    The volume shows massive selloff
  • C
    Comet
    Stock down 18% but dilution is only about 10%??
  • R
    Robert
    Sold 20% at the close yesterday... fair warning was given if u read the Edgar filings
  • G
    Gualtiero
    Recovery tomorrow?
  • j
    jeffrey
    Price goes up and now 6.5 million shares dilution lolol
  • J
    JT_kirk20
    I can't believe they can push a stock that they are underwriting
    2021-07-20 16:03:00 GMT DJ Gatos Silver, Inc. Price Target Raised to $18.00/Share From $15.00 by RBC Capital
  • V
    Vincent
    Disgusting what management did to us shareholders. A 30% haircut in 3 days with good numbers coming out..........SAD
  • J
    JT_kirk20
    Gatos Silver (NYSE:GATO) Insider Buying and Selling Activity
    Insider Ownership Percentage: 5.80%
    Insider Buying (Last 12 Months): $70,000.00
    Insider Selling (Last 12 Months): $3,842,630.59

    these insiders sell before the stock issuance needs to be investigated
    https://www.marketbeat.com/stocks/NYSE/GATO/insider-trades/
  • j
    jeffrey
    It is very like heading to sub $10/share. Seems GATO was kinda overvalued.
  • J
    JT_kirk20
    Selling before the stock issue announcement
    should be a crime, but nothing on wall st is a crime ....
  • j
    jeffrey
    I will wait for sub $10/share and get back in again. Sold little bit early
  • J
    JT_kirk20
    how can they sell shares to insiders at 14 when the open market price is 13.74 ?
    I bet they can't ....
  • j
    jeffrey
    Ouch another 5% drop
  • d
    doug5380
    OK, so which SA author will be the 1st out of the gate writing on GATO? Bonus points if you can also guess their conclusion. Wild day, I sold some puts just off the vol but I'm clueless as to what tomorrow will bring!
  • T
    Travis
    Feel the pain.
  • J
    JT_kirk20
    Looks like support at 12
  • Q
    Qwerty McMullen
    Should be an SEC investigation