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Gatos Silver Merges with First Majestic and Delists

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Gatos Silver Merges with First Majestic and Delists

Gatos Silver ( (GATO) ) has shared an update.

Gatos Silver, on January 16, 2025, completed a merger with First Majestic, resulting in the termination of its revolving credit facility and the conversion of its common stock and options into First Majestic shares based on a set exchange ratio. The merger led to Gatos Silver’s delisting from the NYSE and TSX, a change in its board and executive leadership, and amendments to its certificate of incorporation and by-laws.

More about Gatos Silver

YTD Price Performance: -4.89%

Average Trading Volume: 817,015

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.03B

See more insights into GATO stock on TipRanks’ Stock Analysis page.

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