Bank of America Corp DE Acquires 571,163 Shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Bank of America Corp DE increased its holdings in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 184,842.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 571,472 shares of the company’s stock after purchasing an additional 571,163 shares during the quarter. Bank of America Corp DE owned approximately 0.41% of Avino Silver & Gold Mines worth $503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of ASM. Mariner LLC bought a new stake in shares of Avino Silver & Gold Mines in the fourth quarter worth about $41,000. Prudential Financial Inc. bought a new stake in shares of Avino Silver & Gold Mines in the fourth quarter worth about $80,000. JPMorgan Chase & Co. bought a new stake in shares of Avino Silver & Gold Mines in the fourth quarter worth about $147,000. XTX Topco Ltd grew its stake in shares of Avino Silver & Gold Mines by 83.3% in the fourth 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 last quarter. Finally, Sprott Inc. grew its stake in shares of Avino Silver & Gold Mines by 37.4% in the fourth 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. 3.11% of the stock is owned by institutional investors.

Avino Silver & Gold Mines Stock Performance

Avino Silver & Gold Mines stock opened at $3.54 on Wednesday. The stock’s 50 day simple moving average is $2.99 and its two-hundred 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. The stock has a market cap of $513.77 million, a price-to-earnings ratio of 177.09 and a beta of 1.66. Avino Silver & Gold Mines Ltd. has a fifty-two week low of $0.83 and a fifty-two week high of $3.74.

Analyst Ratings Changes

Several analysts have weighed in on the company. HC Wainwright lifted their price objective on Avino Silver & Gold Mines from $2.20 to $2.80 and gave the company a “buy” rating in a research report on Thursday, May 15th. Wall Street Zen cut Avino Silver & Gold Mines from a “buy” rating to a “hold” rating in a research report on Friday, May 16th.

Avino Silver & Gold Mines 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.