Roth Mkm Reaffirms “Buy” Rating for Avino Silver & Gold Mines (NYSE:ASM)

Roth Mkm reaffirmed their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research report sent to investors on Tuesday, Benzinga reports. Roth Mkm currently has a $1.10 price target on the stock.

Other equities analysts have also recently issued reports about the company. StockNews.com assumed coverage on Avino Silver & Gold Mines in a report on Friday, March 8th. They issued a sell rating on the stock. HC Wainwright raised their price objective on Avino Silver & Gold Mines from $1.50 to $1.60 and gave the company a buy rating in a research note on Thursday, April 18th.

Avino Silver & Gold Mines Price Performance

Shares of ASM opened at $0.77 on Tuesday. Avino Silver & Gold Mines has a 12-month low of $0.40 and a 12-month high of $0.92. The business’s fifty day moving average is $0.73 and its 200 day moving average is $0.57. The company has a quick ratio of 1.07, a current ratio of 1.70 and a debt-to-equity ratio of 0.02. The stock has a market cap of $100.62 million, a P/E ratio of 17.85 and a beta of 2.08.

Avino Silver & Gold Mines (NYSE:ASM) last issued its earnings results on Wednesday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter. Avino Silver & Gold Mines had a return on equity of 4.53% and a net margin of 1.23%. The company had revenue of $12.53 million for the quarter, compared to analysts’ expectations of $9.50 million. Sell-side analysts anticipate that Avino Silver & Gold Mines will post 0.04 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Avino Silver & Gold Mines

A hedge fund recently bought a new stake in Avino Silver & Gold Mines stock. Rathbones Group PLC acquired a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 65,250 shares of the company’s stock, valued at approximately $34,000. Rathbones Group PLC owned approximately 0.05% of Avino Silver & Gold Mines at the end of the most recent quarter. 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.