Company research
Gatos Silver, Inc.
CIK 1517006Updated Sep 24, 2026
Name history
Sunshine Silver Mining & Refining Corp · through Oct 29, 2020SUNSHINE SILVER MINES Corp · through May 31, 2013
Filing activity
Latest filing
50 filings on record · 15-12G, 4, S-8 POS, RW, 8-K, 8-K/A.
About the company
Gatos Silver is a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico. As a 70% owner of the Los Gatos Joint Venture (“LGJV”), the Company is primarily focused on operating the Cerro Los Gatos mine and on growth and development of the Los Gatos district. The LGJV includes approximately 103,000 hectares of mineral rights, representing a highly prospective and under-explored district with numerous silver-zinc-lead epithermal mineralized zones identified as priority targets.
Recent filings
Show 5 more recent filings
Financials
FY 2023 · USDSource
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 400,904,000Source | 383,501,000Source | 345,248,000Source | 265,410,000Source |
| Property, Plant and Equipment, NetUSD | — | — | — | 61,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 55,484,000Source | 17,004,000Source | 6,616,000Source | 150,146,000Source |
| Assets, CurrentUSD | 78,686,000Source | 35,648,000Source | 11,766,000Source | 155,752,000Source |
| Other Assets, NoncurrentUSD | 38,000Source | 60,000Source | 35,000Source | — |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 117,000Source | 117,000Source | 117,000Source | 108,000Source |
| Additional Paid in CapitalUSD | 553,319,000Source | 547,114,000Source | 544,383,000Source | 409,728,000Source |
| Retained Earnings (Accumulated Deficit)USD | -185,889,000Source | -198,749,000Source | -213,278,000Source | -147,423,000Source |
| Stockholders' Equity Attributable to ParentUSD | 367,547,000Source | 348,482,000Source | 331,222,000Source | 261,386,000Source |
| Liabilities and EquityUSD | 400,904,000Source | 383,501,000Source | 345,248,000Source | 265,410,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | — | — | — | 4,024,000Source |
| Accounts Payable, CurrentUSD | 2,713,000Source | 586,000Source | 196,000Source | 560,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 3,031,000Source | 2,761,000Source | 623,000Source | 1,240,000Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | 14,529,000Source | -65,855,000Source | -40,441,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 5,336,000Source | 2,840,000Source | 7,738,000Source | 4,368,000Source |
| Deferred Income Tax Expense (Benefit)USD | -266,000Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 47,480,000Source | 14,554,000Source | -21,485,000Source | -18,388,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 0Source | -60,000Source | -261,439,000Source | -12,129,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 0Source | 60,000Source | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -9,000,000Source | -4,106,000Source | 139,394,000Source | 172,464,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | -441,000Source | 260,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 38,480,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 55,484,000Source | 17,004,000Source | 6,616,000Source | 151,032,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 417,000Source | 645,000Source | 168,000Source | — |
| Additional Financial Items | ||||
| AmortizationUSD | 79,000Source | 180,000Source | 89,000Source | 30,000Source |
| Share-based Payment Arrangement, ExpenseUSD | — | — | 861,000Source | 4,368,000Source |
| Amortization of Deferred ChargesUSD | 79,000Source | — | — | — |
| Amortization of Debt Issuance CostsUSD | — | — | 195,000Source | 4,843,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | -1,500,000Source | -7,900,000Source | — | — |
| General and Administrative ExpenseUSD | 25,688,000Source | 25,468,000Source | 21,447,000Source | 7,765,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -65,855,000Source | -35,027,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -5,414,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 33,622,000Source | 45,230,000Source | 42,804,000Source | -17,585,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | — | 45,230,000Source | 42,804,000Source | -17,585,000Source |
| Income Tax Expense (Benefit)USD | 114,000Source | 1,565,000Source | 0Source | 0Source |
| Investment Income, InterestUSD | 1,332,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 12,860,000Source | 14,529,000Source | -65,855,000Source | -40,441,000Source |
| Nonoperating Income (Expense)USD | 38,767,000Source | — | — | — |
| Operating ExpensesUSD | 25,793,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | 5,992,000Source | 4,955,000Source | -4,738,000Source | 28,000Source |
| Payments of Financing CostsUSD | 0Source | 106,000Source | 7,277,000Source | 4,039,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 133,085,000Source | 160,436,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 4,996,000Source | — |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Other Nonoperating Income (Expense)USD | 5,992,000Source | 4,955,000Source | -4,738,000Source | 28,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 12,974,000Source | 16,094,000Source | — | — |
| Income Tax Expense (Benefit)USD | 114,000Source | 1,565,000Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | 12,860,000Source | 14,529,000Source | -65,855,000Source | -40,441,000Source |
| Earnings Per Share, BasicUSD per share | 0.19Source | 0.21Source | -1.03Source | — |
| Earnings Per Share, DilutedUSD per share | 0.18Source | 0.21Source | -1.03Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 69,163,564Source | 69,162,223Source | 63,994,693Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 69,536,298Source | 69,309,019Source | 63,994,693Source | — |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | — | 25,758,000Source | 23,193,000Source | 8,580,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | -1,500,000Source | -7,900,000Source | — | — |
| General and Administrative ExpenseUSD | 25,688,000Source | 25,468,000Source | 21,447,000Source | 7,765,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -65,855,000Source | -35,027,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 13,606,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | -1.03Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | -1.03Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | — | -5,414,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 33,622,000Source | 45,230,000Source | 42,804,000Source | -17,585,000Source |
| Interest ExpenseUSD | 679,000Source | — | — | — |
| Investment Income, InterestUSD | 1,332,000Source | — | — | — |
| Nonoperating Income (Expense)USD | 38,767,000Source | — | — | — |
| Operating ExpensesUSD | 25,793,000Source | — | — | — |
Filing attachments
d872668dex991.htm · 8-K · 2025-01-15
EX-99.1 2 d872668dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 925 W Georgia St, Suite 910 Vancouver, British Columbia V6C 3L2 (604) 424-0984 www.gatossilver.com GATOS SILVER REPORTS STOCKHOLDER APPROVAL OF MERGER WITH FIRST MAJESTIC Vancouver, BC - January 14, 2025 - Gatos Silver, Inc. (NYSE:GATO) (TSX:GATO) (“Gatos Silver” or the “Company”) today announced that Gatos Silver’s stockholders have voted to adopt the proposal related to the previously announced merger agreement between Fi…
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