HC Wainwright Brokers Raise Earnings Estimates for Avino Silver & Gold Mines Ltd. (TSE:ASM)

Avino Silver & Gold Mines Ltd. (TSE:ASM) – Equities research analysts at HC Wainwright raised their FY2024 EPS estimates for Avino Silver & Gold Mines in a research note issued on Thursday, April 18th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.08 per share for the year, up from their previous forecast of $0.07. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.07 per share. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2025 earnings at $0.09 EPS.

Avino Silver & Gold Mines Price Performance

Shares of TSE:ASM opened at C$0.95 on Monday. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.70 and a quick ratio of 1.29. Avino Silver & Gold Mines has a 1-year low of C$0.57 and a 1-year high of C$1.25. The company has a market capitalization of C$123.81 million, a P/E ratio of 95.00 and a beta of 1.98. The firm’s 50 day simple moving average is C$0.81 and its two-hundred day simple moving average is C$0.71.

Avino Silver & Gold Mines (TSE:ASM) last issued its quarterly earnings results on Wednesday, March 20th. The company reported C$0.03 earnings per share for the quarter. Avino Silver & Gold Mines had a net margin of 1.24% and a return on equity of 0.53%. The business had revenue of C$17.06 million for the quarter, compared to the consensus estimate of C$12.64 million.

About Avino Silver & Gold Mines

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; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.