Gatos Silver, Inc. Price & Performance (GATO)

First Majestic Silver has officially completed its acquisition of Gatos Silver, making Gatos a wholly-owned subsidiary. Gatos shareholders will receive 2.55 First Majestic shares for every Gatos share held. The move consolidates Cerro Los Gatos under First Majestic, aiming to enhance operational synergies and production capacity.12

Gatos Silver’s stock, recently trading at $14.40, has a consensus 12-month price target of $15.25, suggesting a modest upside. Analyst sentiment is ‘moderate buy,’ with three holds and one strong buy. Institutional ownership remains robust, signaling continued market confidence despite recent corporate changes.345

Gatos Silver reported its 2024 production at the Cerro Los Gatos mine reached the upper end of guidance, with mill throughput exceeding design capacity by 33%. This eighth consecutive quarterly record highlights operational strength as the company transitions under First Majestic’s ownership.67