Marshall Wace LLP Sells 8,580 Shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Marshall Wace LLP decreased its holdings in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 6.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 116,483 shares of the company’s stock after selling 8,580 shares during the quarter. Marshall Wace LLP owned approximately 0.08% of Avino Silver & Gold Mines worth $103,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Mariner LLC bought a new position in shares of Avino Silver & Gold Mines in the fourth quarter valued at $41,000. Jane Street Group LLC lifted its stake in Avino Silver & Gold Mines by 276.3% in the third quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after acquiring an additional 28,771 shares during the last quarter. Prudential Financial Inc. bought a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at about $80,000. JPMorgan Chase & Co. acquired a new position in shares of Avino Silver & Gold Mines during the 4th quarter worth about $147,000. Finally, XTX Topco Ltd raised its holdings in shares of Avino Silver & Gold Mines by 83.3% in the 4th quarter. XTX Topco Ltd now owns 166,641 shares of the company’s stock valued at $147,000 after purchasing an additional 75,750 shares during the period. Institutional investors own 3.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ASM shares. StockNews.com upgraded Avino Silver & Gold Mines from a “hold” rating to a “buy” rating in a report on Monday, March 17th. HC Wainwright reissued a “buy” rating and set a $2.20 target price on shares of Avino Silver & Gold Mines in a report on Thursday, April 17th.

Avino Silver & Gold Mines Stock Up 2.9 %

Shares of ASM opened at $2.47 on Wednesday. The firm’s 50-day simple moving average is $1.96 and its 200 day simple moving average is $1.65. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36. The firm has a market cap of $349.90 million, a P/E ratio of 123.56 and a beta of 1.69. Avino Silver & Gold Mines Ltd. has a 52 week low of $0.72 and a 52 week high of $2.50.

About Avino Silver & Gold Mines

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.