RTTNews | Dec 14, 2020 10:37AM EST

10:36 Monday, December 14, 2020 (RTTNews.com) - Gatos Silver, Inc. (GATO) shares are gaining more than 13 percent on Monday morning, continuing a rally. The shares have been on a bullish trend since mid-November. The US shares are generally trending higher on investors' optimism following the rollout of COVID-19 vaccine.

On December 9, Gatos Silver has reported third-quarter net loss of $1.2 million, narrower than net loss of $4.9 million in the previous year.

Currently, the shares are trading at $8.85, up 17.55 percent from the previous close of $7.52. The shares have traded in a range of $5.78 to $9.34, on average volume of 440,250 for the last 52-week period.

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