Gatos Silver Inc (NYSE:GATO)
$ 16.58 -0.82 (-4.71%) Market Cap: 1.15 Bil Enterprise Value: 1.12 Bil PE Ratio: 42.51 PB Ratio: 3.02 GF Score: 44/100

Q4 2020 Gatos Silver Inc Earnings Call Transcript

Mar 29, 2021 / 04:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Gatos Silver Q4 and Year-End 2020 Earnings Call. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Mr. Stephen Orr, CEO. Please go ahead.

Stephen A. Orr
Gatos Silver, Inc. - CEO & Director

Thank you. I'd like to welcome everyone to Gatos Silver's Year-end and Q4 2020 Earnings Call.

Before I get started, I just want to remind participants on this call that I will be making forward-looking statements with regard to future events. And by their very nature, they are subject to some degree of variability.

So turn to Slide #3. Our initial public offering in October of 2020 raised $173 million of proceeds to continue adding value to Gatos Silver's Cerro Los Gatos mine in the Los Gatos district. In March, we completed the purchase of 18.5% additional interest in the Los Gatos district, and we now are 70% owner of the entire district. And we're now turning our attention to district scale resource growth potential.

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