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Stock impact report

Gatos Silver Inc (GATO) Q3 2024 Earnings Call Highlights: Record Cash Flow and Strategic Merger ... [Yahoo! Finance]

Gatos Silver, Inc. (GATO) 
Company Research Source: Yahoo! Finance
Cash Balance: $114.8 million at the end of October 2024. Silver Production: 2.42 million ounces in Q3 2024, 9% higher than Q3 2023. Silver Equivalent Production: 3.84 million ounces in Q3 2024, 11% higher than Q3 2023. Site Operating Unit Costs: $97 per tonne, 8% lower than Q3 2023. All-in Sustaining Costs: $9.61 per ounce, 35% lower than Q3 2023. Revenue: $93.8 million in Q3 2024, a 40% increase from Q3 2023. Net Income (LGJV): $25.7 million in Q3 2024, up from $15.1 million in Q3 2023. Net Income (Gatos Silver): $9.9 million in Q3 2024, approximately 200% higher than Q3 2023. Earnings Per Share: $0.14 per share in Q3 2024, compared to $0.05 per share in Q3 2023. Adjusted Net Income: $15.2 million in Q3 2024, compared to $3.3 million in Q3 2023. General and Administrative Expenses: $10.4 million in Q3 2024, up from $7.5 million in Q3 2023. Warning! GuruFocus has detected 9 Warning Signs with SATS. Release Date: November 12, 2024 For the complete transcript Show less Read more
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