Prudential Financial Inc. Acquires Shares of 90,600 Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Prudential Financial Inc. bought a new position in Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 90,600 shares of the company’s stock, valued at approximately $80,000. Prudential Financial Inc. owned about 0.06% of Avino Silver & Gold Mines as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ASM. Jane Street Group LLC increased its holdings in Avino Silver & Gold Mines by 276.3% in the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock worth $43,000 after buying an additional 28,771 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Avino Silver & Gold Mines during the 3rd quarter valued at about $100,000. Tidal Investments LLC grew its stake in shares of Avino Silver & Gold Mines by 105.2% in the third quarter. Tidal Investments LLC now owns 6,900,224 shares of the company’s stock worth $7,590,000 after acquiring an additional 3,537,466 shares during the period. Finally, Sprott Inc. raised its holdings in shares of Avino Silver & Gold Mines by 37.4% during the fourth quarter. Sprott Inc. now owns 251,400 shares of the company’s stock valued at $221,000 after purchasing an additional 68,400 shares during the last quarter. Institutional investors own 3.11% of the company’s stock.

Avino Silver & Gold Mines Stock Performance

ASM opened at $1.99 on Friday. Avino Silver & Gold Mines Ltd. has a 12-month low of $0.68 and a 12-month high of $2.03. The company has a market cap of $281.90 million, a price-to-earnings ratio of 99.55 and a beta of 1.68. The company has a current ratio of 2.36, a quick ratio of 1.43 and a debt-to-equity ratio of 0.01. The company’s 50 day moving average is $1.75 and its 200 day moving average is $1.41.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. StockNews.com upgraded shares of Avino Silver & Gold Mines from a “hold” rating to a “buy” rating in a report on Monday, March 17th. HC Wainwright raised their price target on Avino Silver & Gold Mines from $1.90 to $2.20 and gave the stock a “buy” rating in a research note on Wednesday, March 12th.

Avino Silver & Gold Mines Company Profile

Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.