Citadel Advisors LLC Decreases Position in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Citadel Advisors LLC lessened its stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 51.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 423,386 shares of the company’s stock after selling 444,589 shares during the quarter. Citadel Advisors LLC owned about 0.30% of Avino Silver & Gold Mines worth $373,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mariner LLC acquired a new stake in shares of Avino Silver & Gold Mines in the fourth quarter valued at approximately $41,000. Prudential Financial Inc. acquired a new stake in Avino Silver & Gold Mines during the 4th quarter worth $80,000. JPMorgan Chase & Co. acquired a new stake in Avino Silver & Gold Mines during the 4th quarter worth $147,000. XTX Topco Ltd boosted its stake in Avino Silver & Gold Mines by 83.3% during the 4th quarter. XTX Topco Ltd now owns 166,641 shares of the company’s stock worth $147,000 after purchasing an additional 75,750 shares during the period. Finally, Sprott Inc. boosted its stake in Avino Silver & Gold Mines by 37.4% during 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 period. Hedge funds and other institutional investors own 3.11% of the company’s stock.

Avino Silver & Gold Mines Price Performance

Shares of NYSE ASM opened at $3.45 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.36 and a quick ratio of 1.43. The stock has a fifty day moving average price of $2.74 and a 200 day moving average price of $2.07. Avino Silver & Gold Mines Ltd. has a 1-year low of $0.83 and a 1-year high of $3.48. The company has a market cap of $488.72 million, a PE ratio of 172.59 and a beta of 1.69.

Wall Street Analyst Weigh In

ASM has been the subject of a number of recent research reports. Wall Street Zen cut shares of Avino Silver & Gold Mines from a “buy” rating to a “hold” rating in a research note on Friday, May 16th. HC Wainwright increased their target price on shares of Avino Silver & Gold Mines from $2.20 to $2.80 and gave the stock a “buy” rating in a research note on Thursday, May 15th.

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.