Avino Silver & Gold Mines (NYSE:ASM) Stock Price Expected to Rise, HC Wainwright Analyst Says

Avino Silver & Gold Mines (NYSE:ASM) had its price objective lifted by research analysts at HC Wainwright from $2.20 to $2.80 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright’s price objective suggests a potential upside of 4.87% from the stock’s current price.

Separately, StockNews.com lowered shares of Avino Silver & Gold Mines from a “buy” rating to a “hold” rating in a research note on Wednesday, May 7th.

Avino Silver & Gold Mines Price Performance

ASM opened at $2.67 on Thursday. The firm has a market cap of $378.23 million, a price-to-earnings ratio of 133.57 and a beta of 1.69. Avino Silver & Gold Mines has a fifty-two week low of $0.83 and a fifty-two week high of $2.70. The company’s 50-day moving average price is $2.23 and its 200 day moving average price is $1.78. The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ASM. Jane Street Group LLC grew its position 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 purchasing an additional 28,771 shares during the last quarter. Sprott Inc. grew its position in Avino Silver & Gold Mines by 37.4% in the 4th quarter. Sprott Inc. now owns 251,400 shares of the company’s stock worth $221,000 after purchasing an additional 68,400 shares during the last quarter. Prudential Financial Inc. bought a new position in Avino Silver & Gold Mines in the 4th quarter worth about $80,000. JPMorgan Chase & Co. bought a new position in Avino Silver & Gold Mines in the 4th quarter worth about $147,000. Finally, Renaissance Technologies LLC grew its position in Avino Silver & Gold Mines by 382.0% in the 4th quarter. Renaissance Technologies LLC now owns 1,874,867 shares of the company’s stock worth $1,652,000 after purchasing an additional 1,485,910 shares during the last quarter. Institutional investors own 3.11% of the company’s stock.

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.