Gatos Silver Inc Quick Ratio (GATO) starting from the third quarter 2024 to third quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Gatos Silver Inc   (NYSE: GATO)
    Sector • Basic Materials    Industry • Metal Mining
   Industry • Metal Mining
   Sector • Basic Materials

Gatos Silver Inc 's Quick Ratio

GATO's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Gatos Silver Inc 's Cash & cash equivalent grew by 41.53 % in the Q3 2024 sequentially, faster than Current Liabilities, this led to improvement in Gatos Silver Inc 's Quick Ratio to 9.55, above Gatos Silver Inc average Quick Ratio.

Within Metal Mining industry 6 other companies have achieved higher Quick Ratio than Gatos Silver Inc in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from 201 to 320.

Explain Quick Ratio?
How much Cash & cash equivalents GATO´s has?
What are GATO´s Current Liabilities?




GATO Quick Ratio (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
Y / Y Current Liabilities Change -53.62 % -65.16 % -56.84 % -29.56 % 1029.52 %
Y / Y Cash & cash equivalent Change 248.78 % 802.46 % 447.14 % 226.3 % 119.2 %
Quick Ratio MRQ 9.55 9.23 6.8 1.66 1.27
GATO's Total Ranking # 320 # 201 # 459 # 1322 # 1309
Seq. Current Liabilities Change 36.79 % -13.86 % -68.89 % 26.53 % 2.76 %
Seq. Cash & cash equivalent Change 41.53 % 16.84 % 27.22 % 65.78 % 266.22 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Metal Mining Industry # 7
Basic Materials Sector # 15
Overall Market # 320


Quick Ratio Statistics
High Average Low
37.31 6.27 0.36
(Dec 31 2020)   (Jun 30 2023)




Financial Statements
Gatos Silver Inc 's Current Liabilities $ 12 Millions Visit GATO's Balance sheet
Gatos Silver Inc 's Cash & cash equivalent $ 117 Millions Visit GATO's Balance sheet
Source of GATO's Sales Visit GATO's Sales by Geography


Cumulative Gatos Silver Inc 's Quick Ratio

GATO's Quick Ratio for the trailling 12 Months

GATO Quick Ratio

(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth -47.42 % -20.48 % 27.55 % 104.19 % 1516.9 %
Y / Y Cash & cash equivalent TTM Growth 348.58 % 345.59 % 221.59 % 147.56 % 110.51 %
Quick Ratio TTM 5.01 3.06 1.76 1.01 0.59
Total Ranking TTM # 176 # 46 # 346 # 498 # 1051
Seq. Current Liabilities TTM Growth -17.89 % -17.46 % -12.49 % -11.34 % 24.18 %
Seq. Cash & cash equivalent TTM Growth 34.4 % 43.48 % 51.97 % 53.07 % 33.51 %


On the trailing twelve months basis GATO Cash & cash equivalent more than doubled by 248.78 % in Q3 2024 year on year, while Current Liabilities grew to $12 millions, this led to increase in in Gatos Silver Inc 's Quick Ratio to 5.01, Quick Ratio remained below GATO average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 6 other companies have achieved higher Quick Ratio than Gatos Silver Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 46 to 176.

Explain Quick Ratio?
How much Cash & cash equivalents GATO´s has?
What are GATO´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 7
Basic Materials Sector # 15
Within the Market # 176


trailing twelve months Quick Ratio Statistics
High Average Low
37.31 6.27 0.36
(Dec 31 2020)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Metal Mining Industry Quick RatioSep 30 2024 MRQ Cash & cash equivalentSep 30 2024 MRQ Current Liabilities
Vista Gold Corp   17.57 $ 18.954  Millions$ 1.079  Millions
Uranium Energy Corp  15.00 $ 190.596  Millions$ 12.703  Millions
Lithium Americas Corp   14.39 $ 341.163  Millions$ 23.703  Millions
Texas Mineral Resources Corp   10.03 $ 0.428  Millions$ 0.043  Millions
Gatos Silver Inc   9.55 $ 116.732  Millions$ 12.226  Millions
International Tower Hill Mines Ltd  9.36 $ 1.746  Millions$ 0.187  Millions
Nevada Canyon Gold Corp   9.05 $ 7.399  Millions$ 0.817  Millions
Solitario Resources Corp   8.51 $ 6.484  Millions$ 0.762  Millions
Paramount Gold Nevada Corp   8.43 $ 4.294  Millions$ 0.509  Millions
Chilean Cobalt Corp.  8.10 $ 0.219  Millions$ 0.027  Millions
Western Uranium and Vanadium Corp   8.02 $ 6.721  Millions$ 0.839  Millions
U s Goldmining Inc   6.61 $ 4.401  Millions$ 0.666  Millions
Mp Materials Corp   6.01 $ 582.056  Millions$ 96.789  Millions
Hycroft Mining Holding Corporation  5.83 $ 55.834  Millions$ 9.584  Millions
United States Antimony Corporation  5.40 $ 12.991  Millions$ 2.405  Millions
Austin Gold Corp   5.00 $ 0.556  Millions$ 0.111  Millions
Ur energy inc   4.61 $ 233.309  Millions$ 50.619  Millions
Western Copper And Gold Corporation  4.50 $ 10.879  Millions$ 2.417  Millions
Xtra gold Resources Corp  4.11 $ 8.176  Millions$ 1.991  Millions
New Found Gold Corp   3.32 $ 18.788  Millions$ 5.652  Millions
U s Gold Corp   3.25 $ 1.630  Millions$ 0.501  Millions
Denison Mines Corp   3.20 $ 83.125  Millions$ 25.961  Millions
Encore Energy Corp   3.16 $ 66.913  Millions$ 21.187  Millions
Orla Mining Ltd   3.12 $ 160.849  Millions$ 51.565  Millions
Vox Royalty Corp   3.02 $ 8.754  Millions$ 2.895  Millions
Scandium International Mining Corp   2.83 $ 0.718  Millions$ 0.254  Millions
Goldmining Inc   2.81 $ 9.100  Millions$ 3.244  Millions
Seabridge Gold Inc   2.45 $ 38.158  Millions$ 15.564  Millions
Fortitude Gold Corp  2.27 $ 30.316  Millions$ 13.333  Millions
Nouveau Monde Graphite Inc   2.27 $ 81.817  Millions$ 35.984  Millions

Date modified: 2026-10-07T00:41:54+00:00



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