Gatos Silver, Inc. (NYSE:GATO) Shares Bought by Vestcor Inc

Vestcor Inc raised its holdings in Gatos Silver, Inc. (NYSE:GATO) by 72.0% in the 4th quarter, HoldingsChannel reports. The fund owned 45,422 shares of the company’s stock after acquiring an additional 19,007 shares during the period. Vestcor Inc’s holdings in Gatos Silver were worth $635,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. AlphaQuest LLC acquired a new stake in shares of Gatos Silver during the 4th quarter worth $66,000. Alpine Associates Management Inc. increased its holdings in shares of Gatos Silver by 71.7% during the 4th quarter. Alpine Associates Management Inc. now owns 2,279,155 shares of the company’s stock worth $31,863,000 after buying an additional 951,683 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Gatos Silver by 38.9% during the 4th quarter. Victory Capital Management Inc. now owns 39,376 shares of the company’s stock worth $550,000 after buying an additional 11,023 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Gatos Silver by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 281,746 shares of the company’s stock worth $3,939,000 after buying an additional 6,886 shares during the last quarter. Finally, New York Life Investment Management LLC acquired a new stake in shares of Gatos Silver during the 4th quarter worth $799,000. 44.81% of the stock is currently owned by institutional investors and hedge funds.

Gatos Silver Price Performance

GATO stock opened at $14.40 on Monday. The company has a market cap of $1.00 billion, a price-to-earnings ratio of 29.39 and a beta of 1.95. The business has a fifty day simple moving average of $14.46 and a 200-day simple moving average of $15.21. Gatos Silver, Inc. has a 52 week low of $5.42 and a 52 week high of $20.31.

About Gatos Silver

Gatos Silver, Inc engages in the exploration, development, and production of precious metals. It primarily explores for silver deposits. The company also explores for zinc, lead, copper, and gold ores. Its flagship asset is the Los Gatos District, including the Cerro Los Gatos mine in Chihuahua, Mexico.