Gatos Silver (GATO) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Gatos Silver, Inc. has reported a substantial increase in second quarter 2024 results with record revenue, net income, and free cash flow, largely due to lower operating costs and higher metal prices. The company’s 70% owned Los Gatos Joint Venture saw a significant improvement in production and financial metrics compared to the previous year, with the CEO expressing confidence in maintaining the 2024 production and cost guidance.
For further insights into GATO stock, check out TipRanks’ Stock Analysis page.