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
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Q1 2024 Gatos Silver Inc Earnings Call Transcript

May 07, 2024 / 02:00PM GMT
Release Date Price: $10.52 (+2.14%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Gatos Silver's first quarter 2024 results conference call. Presenting today will be Dale Andres, CEO of Gatos Silver, and Andre van Niekerk, Chief Financial Officer.

(Operator Instructions) Turning your attention to slide 2, please note today's call contains forward-looking statements. Various risk and uncertainties may cause actual results to vary, but the silver does not assume the obligation to update any forward-looking statements.

I would now like to turn the call over to Dale Andres, please go ahead.

Dale Andres
Gatos Silver Inc - Chief Executive Officer, Director

Thank you, operator, and good morning, everyone. Turning to slide 3, our strong operating performance and cash flow generation continued in the first quarter of 2024. So most catalyst joint venture set yet another record mill throughput rate. During the quarter, we averaged a mill throughput rate of over 3,200 tonnes per day, and we are well on our way to our medium-term target of sustainable production at 3,500

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