Cambridge Investment Research Advisors Inc. Raises Stock Position in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Cambridge Investment Research Advisors Inc. grew its holdings in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 12.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 187,789 shares of the company’s stock after acquiring an additional 20,900 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.13% of Avino Silver & Gold Mines worth $346,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Mariner LLC purchased a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at $41,000. Two Sigma Advisers LP purchased a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at $67,000. Prudential Financial Inc. purchased a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at $80,000. JPMorgan Chase & Co. purchased a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at $147,000. Finally, XTX Topco Ltd raised its stake 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 acquiring an additional 75,750 shares during the period. Hedge funds and other institutional investors own 3.11% of the company’s stock.

Analyst Upgrades and Downgrades

ASM has been the topic of several analyst reports. Roth Capital reaffirmed a “neutral” rating and set a $3.50 price target on shares of Avino Silver & Gold Mines in a research note on Tuesday, July 1st. HC Wainwright lifted their price target 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. Finally, Wall Street Zen downgraded shares of Avino Silver & Gold Mines from a “buy” rating to a “hold” rating in a research note on Friday, May 16th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Avino Silver & Gold Mines currently has a consensus rating of “Moderate Buy” and an average price target of $2.58.

Avino Silver & Gold Mines Stock Performance

Avino Silver & Gold Mines stock opened at $4.22 on Friday. Avino Silver & Gold Mines Ltd. has a 12-month low of $0.83 and a 12-month high of $4.31. The company has a market capitalization of $615.63 million, a price-to-earnings ratio of 211.11 and a beta of 1.66. 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 firm’s fifty day moving average price is $3.53 and its 200 day moving average price is $2.67.

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.