HC Wainwright Weighs in on Avino Silver & Gold Mines Ltd.’s FY2024 Earnings (NYSE:ASM)

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Equities researchers at HC Wainwright raised their FY2024 earnings per share estimates for shares of Avino Silver & Gold Mines in a research report issued on Thursday, April 18th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.06 per share for the year, up from their prior estimate of $0.05. HC Wainwright currently has a “Buy” rating and a $1.60 price target on the stock. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.04 per share. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2025 earnings at $0.07 EPS.

Avino Silver & Gold Mines (NYSE:ASM) last announced its quarterly earnings data on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $12.53 million during the quarter, compared to the consensus estimate of $9.50 million. Avino Silver & Gold Mines had a return on equity of 4.53% and a net margin of 1.23%.

Other equities research analysts have also issued reports about the stock. StockNews.com started coverage on shares of Avino Silver & Gold Mines in a report on Friday, March 8th. They set a “sell” rating for the company. Roth Mkm reaffirmed a “buy” rating and set a $1.10 price objective on shares of Avino Silver & Gold Mines in a report on Tuesday.

Avino Silver & Gold Mines Trading Up 3.1 %

Shares of NYSE:ASM opened at $0.72 on Monday. The stock has a 50 day moving average of $0.71 and a 200 day moving average of $0.56. The company has a current ratio of 1.70, a quick ratio of 1.07 and a debt-to-equity ratio of 0.02. Avino Silver & Gold Mines has a 12-month low of $0.40 and a 12-month high of $0.92. The company has a market cap of $93.30 million, a PE ratio of 18.64 and a beta of 2.07.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Avino Silver & Gold Mines stock. Perritt Capital Management Inc. increased its position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 300.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 800,000 shares of the company’s stock after buying an additional 600,000 shares during the period. Perritt Capital Management Inc. owned about 0.62% of Avino Silver & Gold Mines worth $419,000 at the end of the most recent quarter. 3.11% of the stock is currently owned by hedge funds and other institutional investors.

Avino Silver & Gold Mines Company Profile

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.