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Gatos Silver, Inc. (GATO)

NYSE - Nasdaq Real Time Price. Currency in USD
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12.19+0.10 (+0.83%)
At close: 4:00PM EDT
12.19 0.00 (0.00%)
After hours: 04:46PM EDT
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  • H
    Hugh Rection
    BREAKING NEWS:

    The company formerly known as Gatos Silver has changed it's name to Banos Silver effective immediately. CEO Stephen Orr stated "Since I have run this company into the ground and watched the stock price plummet. I figured a name change was warranted. The new symbol CRPR will take the place of GATO. Thank you for your continued selling of this lousy Silver Miner.
    Neutral
  • H
    Hugh Rection
    Somebody wanted out. 2 million shares done on the close. Ringing endorsement of this Kaplan torde
  • D
    Dirk
    $AG conversation
    From Stocktwits: $AG, $GATO & $MUX shareholders have reduced their short position 15% to 30% within the last week.
  • j
    jeffrey
    Strong day
    Bullish
  • j
    jeffrey
    Gato is a still strong miner in the sector. Just hold or add more shares. Will be rewarded.
  • J
    JT_kirk20
    Is this a meme stock ?
    Or is this board just full of DEMS ?
  • H
    Hov
    Nice move today
    Bullish
  • j
    jeffrey
    Bullish chart for GATO silver. Didn’t go below $12 and Silver is back to $24/ounce.
  • C
    Chris
    Gatos Silver on New Silver Production in the Los Gatos District and Focus on Optimization
    www.youtube.com
    Bullish
  • R
    Russell
    ASM and GATO, a likely combination?

    ASM market cap $100 mill (no debt) has restarted a 2500 tpd mill in Durango that will produce 3 mill Ag oz.

    ASM used covid to expand the resource, build a dry tailings facility and prepare the old tailings for heap leach.

    GATO can offer $2 for ASM and increase combined production by 50% at a lower AISC.

    ASM Q2 due later today.
  • j
    jeffrey
    GATO silver is fairly valued now. As long as silver stays above $25/ounce, they will be profitable every quarter.
  • 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
  • J
    JT_kirk20
    so are the public offing shares under water now because they sold them for 14
    or did GATO have to drop the offering price ?
  • 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 ?
  • 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.
  • d
    doug5380
    Anyone got any meaning on the management change?
  • j
    jeffrey
    The volume shows massive selloff