Avino Silver & Gold Mines (NYSE:ASM) Trading Down 0.8%

Avino Silver & Gold Mines Ltd. (NYSE:ASMGet Free Report) fell 0.8% on Tuesday . The company traded as low as $0.47 and last traded at $0.49. 507,922 shares were traded during mid-day trading, an increase of 27% from the average session volume of 399,060 shares. The stock had previously closed at $0.49.

Analyst Upgrades and Downgrades

A number of analysts have commented on ASM shares. StockNews.com started coverage on shares of Avino Silver & Gold Mines in a research note on Sunday. They set a “sell” rating for the company. HC Wainwright upped their price objective on shares of Avino Silver & Gold Mines from $1.70 to $1.80 and gave the company a “buy” rating in a research note on Friday, November 10th. Finally, Roth Mkm increased their price target on shares of Avino Silver & Gold Mines from $1.60 to $1.80 and gave the stock a “buy” rating in a research report on Friday, October 20th.

Check Out Our Latest Stock Analysis on Avino Silver & Gold Mines

Avino Silver & Gold Mines Stock Up 0.8 %

The business has a fifty day moving average of $0.49 and a 200 day moving average of $0.49. The stock has a market cap of $63.14 million, a price-to-earnings ratio of 49.30 and a beta of 2.02. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.54 and a quick ratio of 0.90.

Avino Silver & Gold Mines (NYSE:ASMGet Free Report) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. Avino Silver & Gold Mines had a return on equity of 6.68% and a net margin of 2.77%. The firm had revenue of $12.32 million for the quarter, compared to the consensus estimate of $10.10 million.

Hedge Funds Weigh In On Avino Silver & Gold Mines

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ASM. LPL Financial LLC acquired a new position in Avino Silver & Gold Mines during the third quarter valued at approximately $25,000. Virtu Financial LLC acquired a new position in Avino Silver & Gold Mines during the second quarter valued at approximately $26,000. Rathbones Group PLC acquired a new position in Avino Silver & Gold Mines during the third quarter valued at approximately $34,000. Millennium Management LLC acquired a new position in Avino Silver & Gold Mines during the second quarter valued at approximately $37,000. Finally, Jane Street Group LLC grew its holdings in Avino Silver & Gold Mines by 378.3% during the first quarter. Jane Street Group LLC now owns 57,470 shares of the company’s stock valued at $51,000 after purchasing an additional 45,454 shares during the last quarter. Institutional investors and hedge funds own 2.34% of the company’s stock.

Avino Silver & Gold Mines Company Profile

(Get Free Report)

Avino Silver & Gold Mines Ltd., together with its subsidiaries, engages in the acquisition, exploration, and advancement of mineral properties in Canada. It primarily explores for silver, gold, and copper deposits. The company owns interests in 42 mineral claims and four leased mineral claims, including Avino mine area property comprising four exploration concessions covering 154.4 hectares, 24 exploitation concessions covering 1,284.7 hectares, and one leased exploitation concession covering 98.83 hectares; Gomez Palacio property consists of nine exploration concessions covering 2,549 hectares; Santiago Papasquiaro property comprises four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.

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