Research Analysts Issue Forecasts for Avino Silver & Gold Mines Ltd.’s Q2 2024 Earnings (NYSE:ASM)

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Stock analysts at Roth Capital issued their Q2 2024 earnings estimates for shares of Avino Silver & Gold Mines in a report issued on Tuesday, April 23rd. Roth Capital analyst J. Reagor anticipates that the company will post earnings per share of $0.01 for the quarter. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.04 per share. Roth Capital also issued estimates for Avino Silver & Gold Mines’ Q3 2024 earnings at $0.01 EPS, FY2024 earnings at $0.02 EPS and FY2025 earnings at $0.02 EPS.

Several other brokerages have also recently commented on ASM. StockNews.com began coverage on shares of Avino Silver & Gold Mines in a research report on Friday, March 8th. They set a “sell” rating for the company. HC Wainwright lifted their price target on shares of Avino Silver & Gold Mines from $1.50 to $1.60 and gave the stock a “buy” rating in a research report on Thursday, April 18th. Finally, Roth Mkm reissued a “buy” rating and set a $1.10 price objective on shares of Avino Silver & Gold Mines in a research note on Tuesday.

Avino Silver & Gold Mines Stock Down 0.5 %

Shares of NYSE:ASM opened at $0.71 on Thursday. Avino Silver & Gold Mines has a one year low of $0.40 and a one year high of $0.92. The company has a 50 day moving average of $0.71 and a 200-day moving average of $0.57. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.70 and a quick ratio of 1.07. The stock has a market cap of $92.82 million, a price-to-earnings ratio of 18.64 and a beta of 2.08.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Avino Silver & Gold Mines stock. Perritt Capital Management Inc. raised its stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) by 300.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 800,000 shares of the company’s stock after buying an additional 600,000 shares during the quarter. Perritt Capital Management Inc. owned about 0.62% of Avino Silver & Gold Mines worth $419,000 at the end of the most recent reporting period. Institutional investors own 3.11% of the company’s stock.

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.