Long Position on GATO @ $13.50 on 7/16/2024 (Fundamentals)

Gatos Silver, Inc. (GATO) 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.

The company was formerly known as Sunshine Silver Mining & Refining Corporation and changed its name to Gatos Silver, Inc. in October 2020.

Gatos Silver, Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.

Entry Point: $13.50

Trading Range: $3.90 - $14.39

Stop Loss: $12.85

Target Price: $14.85

Position closed on 7/26/2024 at price of $12.85 with a -4.81% loss in 10 days.

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