Equities Analysts Issue Forecasts for Avino Silver & Gold Mines Ltd.’s Q2 2024 Earnings (NYSE:ASM)

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Investment analysts at Roth Capital issued their Q2 2024 earnings per share estimates for Avino Silver & Gold Mines in a research note issued on Tuesday, April 23rd. Roth Capital analyst J. Reagor expects that the company will earn $0.01 per share for the quarter. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.04 per share. Roth Capital also issued estimates for Avino Silver & Gold Mines’ Q3 2024 earnings at $0.01 EPS, FY2024 earnings at $0.02 EPS and FY2025 earnings at $0.02 EPS.

Avino Silver & Gold Mines (NYSE:ASM) last posted its quarterly earnings data on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $12.53 million during the quarter, compared to the consensus estimate of $9.50 million. Avino Silver & Gold Mines had a return on equity of 4.53% and a net margin of 1.23%.

ASM has been the subject of a number of other research reports. StockNews.com assumed coverage on Avino Silver & Gold Mines in a report on Friday, March 8th. They issued a “sell” rating for the company. Roth Mkm reiterated a “buy” rating and issued a $1.10 price objective on shares of Avino Silver & Gold Mines in a report on Tuesday. Finally, HC Wainwright raised their price target on Avino Silver & Gold Mines from $1.50 to $1.60 and gave the company a “buy” rating in a report on Thursday, April 18th.

Avino Silver & Gold Mines Price Performance

ASM opened at $0.77 on Thursday. The stock has a fifty day simple moving average of $0.73 and a two-hundred day simple moving average of $0.57. The company has a current ratio of 1.70, a quick ratio of 1.07 and a debt-to-equity ratio of 0.02. The company has a market cap of $100.62 million, a price-to-earnings ratio of 17.85 and a beta of 2.08. Avino Silver & Gold Mines has a 12-month low of $0.40 and a 12-month high of $0.92.

Hedge Funds Weigh In On Avino Silver & Gold Mines

A hedge fund recently bought a new stake in Avino Silver & Gold Mines stock. Rathbones Group PLC purchased a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 65,250 shares of the company’s stock, valued at approximately $34,000. Rathbones Group PLC owned approximately 0.05% of Avino Silver & Gold Mines at the end of the most recent reporting period. Institutional investors and hedge funds own 3.11% 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; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.