28 June 2023quarterly activities report▼ Bad
Gatos Silver, Inc. reported a quarterly net loss of $3.6 million for the period ended 2023-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 June 2023quarterly activities report▼ Bad
Gatos Silver, Inc. reported a quarterly net loss of $3.6 million for the period ended 2023-06-30.
27 June 2023quarterly activities report▼ Bad
Gatos Silver, Inc. reported a quarterly net loss of $3.6 million for the period ended 2023-06-30.
27 June 2023quarterly activities report▼ Bad
Gatos Silver, Inc. reported a quarterly net loss of $3.6 million for the period ended 2023-06-30.
27 June 2023quarterly activities report▼ Bad
Gatos Silver, Inc. reported a quarterly net loss of $3.6 million for the period ended 2023-06-30.
27 June 2023quarterly activities report▼ Bad
Gatos Silver, Inc. reported a quarterly net loss of $3.6 million for the period ended 2023-06-30.
7 June 2023material agreement▲ GoodMajor
With audited financials still not ready, Gatos Silver got a further filing extension to mid-July 2023, but for the first time since the crisis began gave investors unaudited preliminary results for 2022 and early 2023, including its and the joint venture's cash position.
16 May 2023material agreement● Neutral
Gatos Silver's lender granted another short extension - to end of May 2023 - on the overdue 2021-2022 financial statements.
16 May 2023late filing notice▼ Bad
Gatos Silver, Inc. notified the SEC that its quarterly report would be filed late.
19 Apr 2023listing compliance notice▼ BadMajor
A second NYSE non-compliance notice followed when Gatos Silver also missed the deadline for its 2022 annual report, and its lender again pushed back the deadline to deliver overdue financial statements, now to mid-May 2023.
17 Apr 2023late filing notice▼ Bad
Gatos Silver, Inc. amended its notice to the SEC that its annual report would be filed late.
3 Apr 2023financial restatement● Neutral
Gatos Silver separately restated its 2021 annual and 2022 quarterly financial statements to fix how deferred tax assets at the Los Gatos venture were recognized - a technical correction (increasing the joint venture investment by $7-11 million) with no net effect on 2021 earnings, layered on top of the still-unresolved reserve restatement.
3 Apr 2023late filing notice▼ Bad
Gatos Silver, Inc. notified the SEC that its annual report would be filed late.
30 Mar 2023quarterly activities report● Neutral
Gatos Silver, Inc. reported a quarterly net income of $835 thousand for the period ended 2023-03-31.
30 Mar 2023quarterly activities report● Neutral
Gatos Silver, Inc. reported a quarterly net income of $835 thousand for the period ended 2023-03-31.
30 Mar 2023quarterly activities report● Neutral
Gatos Silver, Inc. reported a quarterly net income of $835 thousand for the period ended 2023-03-31.
22 Dec 2022debt financing▲ Good
Gatos Silver refinanced its revolver with Bank of Montreal, restoring the full $50 million credit limit (plus a new $25 million accordion option) that had been capped after the reserve-estimate problem, and extended the maturity to December 2025.
14 Nov 2022auditor change● Neutral
Gatos Silver appointed Ernst & Young as its new independent auditor, replacing KPMG, which had resigned two months earlier.
14 Nov 2022late filing notice▼ Bad
Gatos Silver, Inc. notified the SEC that its quarterly report would be filed late.
10 Nov 2022quarterly activities report● Neutral
Gatos Silver, Inc. reported a quarterly net income of $3.5 million for the period ended 2022-09-30.
26 Oct 2022director interest notice● Neutral
Bodley Stephen D became a Gatos Silver, Inc. General Counsel and company insider (initial ownership filing).
14 Oct 2022material agreement● Neutral
Gatos Silver amended its credit facility terms and got its lender to waive, until March 2023, the requirement to deliver financial statements for 2021 and 2022 - the delayed filings were still not ready more than a year after the reserve issue surfaced.
11 Oct 2022quarterly activities report● Neutral
Gatos Silver, Inc. reported a quarterly net income of $3.5 million for the period ended 2022-09-30.
30 Sept 2022auditor change● NeutralMajor
Auditor KPMG resigned, citing a licensing technicality after Gatos Silver's executive team relocated to British Columbia rather than any accounting disagreement; the company was still evaluating a likely material weakness in its internal controls tied to the reserve issue.
16 Aug 2022late filing notice▼ Bad
Gatos Silver, Inc. notified the SEC that its quarterly report would be filed late.
10 Aug 2022quarterly activities report● Neutral
Gatos Silver, Inc. reported a quarterly net income of $3.5 million for the period ended 2022-09-30.
21 July 2022director interest notice● Neutral
Woeller James became a Gatos Silver, Inc. VP, Corp Dev & Bus Improvement and company insider (initial ownership filing).
13 July 2022director interest notice● Neutral
Van Niekerk Pieter A. became a Gatos Silver, Inc. Chief Financial Officer and company insider (initial ownership filing).
13 July 2022director interest notice● Neutral
Vachon Nicolas became a Gatos Silver, Inc. Vice President, Finance and company insider (initial ownership filing).
11 July 2022quarterly activities report● Neutral
Gatos Silver, Inc. reported a quarterly net income of $5.2 million for the period ended 2022-06-30.