Avino Silver & Gold Mines Ltd. (NYSE:ASM – Get Free Report) fell 5.3% on Tuesday . The stock traded as low as $0.59 and last traded at $0.59. 535,954 shares traded hands during trading, an increase of 47% from the average session volume of 363,895 shares. The stock had previously closed at $0.62.
Analyst Ratings Changes
Several equities analysts have commented on ASM shares. HC Wainwright cut their price target on Avino Silver & Gold Mines from $1.80 to $1.70 and set a “buy” rating for the company in a report on Friday, August 11th. StockNews.com raised shares of Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a report on Monday, August 28th.
Avino Silver & Gold Mines Trading Down 5.3 %
Institutional Trading of Avino Silver & Gold Mines
Hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC increased its position in shares of Avino Silver & Gold Mines by 12.4% during the second quarter. Citadel Advisors LLC now owns 147,818 shares of the company’s stock worth $98,000 after acquiring an additional 16,347 shares in the last quarter. Virtu Financial LLC boosted its position in Avino Silver & Gold Mines by 25.9% during the first quarter. Virtu Financial LLC now owns 111,626 shares of the company’s stock worth $105,000 after purchasing an additional 22,934 shares during the period. Jane Street Group LLC boosted its holdings in shares of Avino Silver & Gold Mines by 378.3% during the first quarter. Jane Street Group LLC now owns 57,470 shares of the company’s stock worth $51,000 after acquiring an additional 45,454 shares during the period. Renaissance Technologies LLC increased its position in Avino Silver & Gold Mines by 8.1% during the third quarter. Renaissance Technologies LLC now owns 644,430 shares of the company’s stock worth $329,000 after acquiring an additional 48,297 shares during the period. Finally, Millennium Management LLC bought a new position in shares of Avino Silver & Gold Mines during the second quarter worth approximately $37,000. Institutional investors and hedge funds own 2.34% of the company’s stock.
About Avino Silver & Gold Mines
Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprising four exploration concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprises four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.
- Five stocks we like better than Avino Silver & Gold Mines
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- 5 Ways to Play Retail that will Profit in 2023
- 3 Healthcare Dividend Stocks to Buy
- This Is Why It’s Not Too Late For You To Buy Meta Stock
- How to Invest in Hotel Stocks
- Why Analysts Say GE’s Healthcare Spinoff Has $20 Upside
Receive News & Ratings for Avino Silver & Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avino Silver & Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.