Avino Silver & Gold Mines (NYSE:ASM) Trading Up 7%

Avino Silver & Gold Mines Ltd. (NYSE:ASMGet Free Report)’s stock price was up 7% on Wednesday . The stock traded as high as $1.02 and last traded at $1.01. Approximately 1,610,528 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 1,532,004 shares. The stock had previously closed at $0.94.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ASM. Roth Mkm reaffirmed a “buy” rating and set a $1.10 target price 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 note on Friday, May 10th. Finally, HC Wainwright reduced their target price on shares of Avino Silver & Gold Mines from $1.60 to $1.50 and set a “buy” rating on the stock in a research note on Thursday, May 9th.

Get Our Latest Report on Avino Silver & Gold Mines

Avino Silver & Gold Mines Stock Up 7.0 %

The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01. The company has a market cap of $120.21 million, a price-to-earnings ratio of 20.80 and a beta of 2.08. The firm’s fifty day simple moving average is $0.93 and its 200 day simple moving average is $0.75.

Avino Silver & Gold Mines (NYSE:ASMGet Free Report) last posted 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 company had revenue of $12.39 million during the quarter, compared to analysts’ expectations of $10.70 million. Sell-side analysts predict that Avino Silver & Gold Mines Ltd. will post 0.04 earnings per share for the current year.

Institutional Trading of Avino Silver & Gold Mines

Institutional investors have recently modified their holdings of the stock. Perritt Capital Management Inc. purchased a new stake in Avino Silver & Gold Mines in the 3rd quarter valued at $103,000. Rathbones Group PLC purchased a new stake in Avino Silver & Gold Mines in the 3rd quarter valued at $34,000. Finally, Tidal Investments LLC purchased a new stake in Avino Silver & Gold Mines in the 1st quarter valued at $1,906,000. Hedge funds and other institutional investors own 3.11% of the company’s stock.

Avino Silver & Gold Mines Company Profile

(Get Free Report)

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.

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