Gatos Silver shares rise on higher Q1 silver production

Gatos Silver

13/04/2023 19:30

** Shares of silver producer Gatos Silver Inc  GATO.N  up
2.2% at $7.38
    ** Q1 silver production rises 2% to 2.4 mln ounces from
yr-earlier
    ** Q1 average mill throughput up 11% at 2,894 tonnes per day
    ** "Mill throughput achieved a quarterly record as a result
of debottlenecking and optimization efforts" -CEO Dale Andres
    ** GATO sees silver production to be higher in first half of
2023, while zinc and lead production are expected to be higher
in second half 
    ** Shares up ~80% YTD

 (Reporting by Yamini Kalia)
 ((Yamini.Kalia@thomsonreuters.com))