Gatos Silver Inc (GATO) gains 8.12% for July 21

Equities Staff  |

Gatos Silver Inc (NYSE: GATO) shares gained 8.12%, or $1.03 per share, to close Wednesday at $13.72. After opening the day at $12.68, shares of Gatos Silver fluctuated between $14.00 and $12.59. 1,342,428 shares traded hands an increase from their 30 day average of 1,152,339. Wednesday's activity brought Gatos Silver’s market cap to $815,092,193.

About Gatos Silver Inc

Gatos Silver is a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico. To-date, 14 zones of mineralization have been defined within the district and all are characterized by silver-zinc-lead epithermal mineralization. More than 85% of the approximately 103,087-hectare mineral rights package has yet to be drilled, representing a highly prospective and underexplored district. The Company recently built and commissioned its first operating mine and mineral processing plant at the Cerro Los Gatos deposit, which is expected to produce 12.2 million silver equivalent ounces annually.

Visit Gatos Silver Inc’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Gatos Silver Inc and to follow the company’s latest updates, you can visit the company’s profile page here: Gatos Silver Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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