Research 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 estimates for Avino Silver & Gold Mines in a report 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.

Other equities analysts have also issued reports about the stock. StockNews.com began coverage on shares of Avino Silver & Gold Mines in a research note on Friday, March 8th. They issued a “sell” rating on the stock. Roth Mkm reissued 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 increased their price objective 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 Stock Performance

Shares of Avino Silver & Gold Mines stock opened at $0.77 on Thursday. The firm has a market capitalization of $100.62 million, a P/E ratio of 17.85 and a beta of 2.08. Avino Silver & Gold Mines has a 52 week low of $0.40 and a 52 week high of $0.92. The company has a quick ratio of 1.07, a current ratio of 1.70 and a debt-to-equity ratio of 0.02. The firm’s 50 day moving average is $0.73 and its two-hundred day moving average is $0.57.

Avino Silver & Gold Mines (NYSE:ASM) last announced its quarterly earnings results on Wednesday, March 20th. The company reported $0.02 EPS for the quarter. The company had revenue of $12.53 million for the quarter, compared to analyst estimates of $9.50 million. Avino Silver & Gold Mines had a net margin of 1.23% and a return on equity of 4.53%.

Institutional Investors Weigh In On Avino Silver & Gold Mines

An institutional investor recently raised its position in Avino Silver & Gold Mines stock. Perritt Capital Management Inc. grew its position in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 300.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 800,000 shares of the company’s stock after acquiring an additional 600,000 shares during the quarter. Perritt Capital Management Inc. owned about 0.62% of Avino Silver & Gold Mines worth $419,000 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.