UPDATE: RBC Capital Upgrades Gatos Silver (GATO) to Sector Perform

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Gatos Silver (GATO) Reports Record Quarterly Production; Announces CEO Succession and Additional Management Changes

April 7, 2022 4:09 PM EDT

Gatos Silver, Inc. (NYSE/TSX: GATO) (Gatos Silver or the Company) today announced record silver production from the 70%-owned Cerro Los Gatos (CLG) mine during the first quarter of 2022 (Q1 2022). The Company also announced the appointment of Dale Andres, current President, as Chief Executive Officer and member of the Board of Directors (Board) as part of the Boards CEO succession plan, as well as two additional executive management changes.

Q1 2022 Production

CLG achieved record silver production in Q1 2022 at 2.39 million ounces, a 58% increase compared to the first quarter 2021 (Q1 2021) which was impacted by a... More