Avino Silver & Gold Mines Ltd. (NYSE:ASM) Stock Position Raised by Bank of America Corp DE

Bank of America Corp DE raised its position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 184,842.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 571,472 shares of the company’s stock after purchasing an additional 571,163 shares during the period. Bank of America Corp DE owned 0.41% of Avino Silver & Gold Mines worth $503,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Mariner LLC purchased a new stake in shares of Avino Silver & Gold Mines during the 4th quarter worth about $41,000. Sprott Inc. raised its stake in shares of 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 in the last quarter. XTX Topco Ltd raised its stake in shares of 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 in the last quarter. Prudential Financial Inc. purchased a new stake in shares of Avino Silver & Gold Mines during the 4th quarter worth about $80,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Avino Silver & Gold Mines during the 4th quarter worth about $147,000. 3.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. HC Wainwright raised their price target on 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. Wall Street Zen downgraded Avino Silver & Gold Mines from a “buy” rating to a “hold” rating in a research note on Friday, May 16th.

Avino Silver & Gold Mines Price Performance

Shares of ASM stock opened at $3.54 on Wednesday. The stock’s 50 day simple moving average is $2.99 and its 200 day simple moving average is $2.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.43 and a current ratio of 2.36. Avino Silver & Gold Mines Ltd. has a twelve month low of $0.83 and a twelve month high of $3.74. The company has a market capitalization of $513.77 million, a price-to-earnings ratio of 177.09 and a beta of 1.66.

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.