Brokers Issue Forecasts for Avino Silver & Gold Mines Ltd.’s FY2024 Earnings (NYSE:ASM)

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Investment analysts at Roth Capital lifted their FY2024 earnings estimates for Avino Silver & Gold Mines in a report released on Friday, May 10th. Roth Capital analyst J. Reagor now expects that the company will post earnings per share of $0.03 for the year, up from their previous forecast of $0.02. 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’ Q4 2024 earnings at $0.01 EPS, Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at $0.03 EPS.

Several other equities research analysts also recently issued reports on ASM. Roth Mkm reissued a “buy” rating and issued a $1.10 price objective on shares of Avino Silver & Gold Mines in a research note on Tuesday, April 23rd. StockNews.com raised shares of Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a research report on Friday. Finally, HC Wainwright lowered their price target on Avino Silver & Gold Mines from $1.60 to $1.50 and set a “buy” rating for the company in a research note on Thursday.

Avino Silver & Gold Mines Stock Down 4.8 %

Shares of Avino Silver & Gold Mines stock opened at $0.80 on Monday. Avino Silver & Gold Mines has a 12 month low of $0.40 and a 12 month high of $0.88. The company has a current ratio of 1.77, a quick ratio of 1.07 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $105.84 million, a PE ratio of 16.06 and a beta of 2.02. The stock has a fifty day simple moving average of $0.75.

Avino Silver & Gold Mines (NYSE:ASM) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.02 EPS for the quarter. Avino Silver & Gold Mines had a net margin of 3.21% and a return on equity of 5.39%. The business had revenue of $12.39 million during the quarter, compared to the consensus estimate of $10.70 million.

Institutional Trading of Avino Silver & Gold Mines

A hedge fund recently bought a new stake in Avino Silver & Gold Mines stock. Rathbones Group PLC bought a new position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 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 quarter. 3.11% of the stock is currently owned by institutional investors.

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.