Avino Silver & Gold Mines (NYSE:ASM) Given New $7.60 Price Target at HC Wainwright

Avino Silver & Gold Mines (NYSE:ASM) had its price target boosted by HC Wainwright from $6.10 to $7.60 in a research note released on Monday morning, MarketBeat reports. HC Wainwright currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. Roth Capital set a $5.50 target price on shares of Avino Silver & Gold Mines in a research report on Wednesday, October 15th. Zacks Research upgraded shares of Avino Silver & Gold Mines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $4.97.

Avino Silver & Gold Mines Stock Performance

NYSE ASM opened at $4.72 on Monday. 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 has a market capitalization of $725.59 million, a price-to-earnings ratio of 236.12 and a beta of 1.58. The company’s fifty day moving average is $4.89 and its two-hundred day moving average is $4.02. Avino Silver & Gold Mines has a 52-week low of $0.85 and a 52-week high of $6.66.

Hedge Funds Weigh In On Avino Silver & Gold Mines

Several institutional investors have recently added to or reduced their stakes in ASM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Avino Silver & Gold Mines during the 2nd quarter valued at about $15,116,000. Arrowstreet Capital Limited Partnership lifted its holdings in Avino Silver & Gold Mines by 702.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,074,813 shares of the company’s stock valued at $11,069,000 after purchasing an additional 2,691,743 shares during the last quarter. Mackenzie Financial Corp bought a new position in Avino Silver & Gold Mines during the 2nd quarter valued at about $6,194,000. U S Global Investors Inc. bought a new position in Avino Silver & Gold Mines during the 2nd quarter valued at about $3,836,000. Finally, Bank of America Corp DE lifted its holdings in Avino Silver & Gold Mines by 610.3% during the 2nd quarter. Bank of America Corp DE now owns 876,330 shares of the company’s stock valued at $3,155,000 after purchasing an additional 752,949 shares during the last quarter. 3.11% of the stock is owned by institutional investors.

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.