Gatos Silver, Inc. (NYSE:GATO) Position Boosted by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ increased its holdings in Gatos Silver, Inc. (NYSE:GATO) by 13.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 214,999 shares of the company’s stock after purchasing an additional 25,000 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Gatos Silver were worth $2,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GATO. Charles Schwab Investment Management Inc. boosted its stake in Gatos Silver by 905.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 274,860 shares of the company’s stock valued at $4,145,000 after purchasing an additional 247,510 shares in the last quarter. Citigroup Inc. bought a new position in Gatos Silver during the 3rd quarter valued at $10,676,000. K2 Principal Fund L.P. bought a new position in Gatos Silver during the 3rd quarter valued at $2,037,000. Jane Street Group LLC boosted its stake in Gatos Silver by 168.6% during the 3rd quarter. Jane Street Group LLC now owns 122,786 shares of the company’s stock valued at $1,852,000 after purchasing an additional 77,073 shares in the last quarter. Finally, Alpine Associates Management Inc. bought a new position in Gatos Silver during the 3rd quarter valued at $20,018,000. 44.81% of the stock is owned by institutional investors.

Gatos Silver Stock Performance

Shares of NYSE GATO opened at $14.40 on Monday. The stock has a fifty day moving average price of $14.46 and a two-hundred day moving average price of $15.21. The firm has a market cap of $1.00 billion, a P/E ratio of 29.39 and a beta of 1.95. Gatos Silver, Inc. has a 1 year low of $5.42 and a 1 year 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.