Avino Silver & Gold Mines (TSE:ASM) Shares Up 9.3% – Should You Buy?

Shares of Avino Silver & Gold Mines Ltd. (TSE:ASM) traded up 9.3% during mid-day trading on Tuesday . The company traded as high as C$8.57 and last traded at C$8.56. Approximately 775,130 shares changed hands during trading, a decline of 21% from the average daily volume of 984,757 shares. The stock had previously closed at C$7.83.

Avino Silver & Gold Mines Trading Up 9.3%

The stock has a fifty day moving average of C$9.00 and a 200-day moving average of C$9.98. The company has a debt-to-equity ratio of 3.03, a quick ratio of 1.29 and a current ratio of 5.78. The company has a market cap of C$1.50 billion, a PE ratio of 38.91 and a beta of 3.15.

Avino Silver & Gold Mines (TSE:ASM) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.20 EPS for the quarter. Avino Silver & Gold Mines had a return on equity of 17.62% and a net margin of 33.31%.The company had revenue of C$54.82 million for the quarter. Sell-side analysts anticipate that Avino Silver & Gold Mines Ltd. will post 0.0949153 EPS for the current fiscal year.

About Avino Silver & Gold Mines

Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the Pre-feasibility Study on the Oxide Tailings Project was completed.