Roth Mkm Reiterates Buy Rating for Avino Silver & Gold Mines (NYSE:ASM)

Roth Mkm reiterated their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research note issued to investors on Tuesday morning, Benzinga reports. The brokerage currently has a $1.10 price objective on the stock.

Other analysts have also issued reports about the stock. HC Wainwright increased their target price on shares of 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. StockNews.com started coverage on shares of Avino Silver & Gold Mines in a research note on Friday, March 8th. They set a sell rating for the company.

Avino Silver & Gold Mines Stock Up 2.6 %

ASM stock 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 firm has a market cap of $100.62 million, a PE ratio of 17.85 and a beta of 2.08. The firm has a 50 day simple moving average of $0.73 and a 200 day simple 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.

Avino Silver & Gold Mines (NYSE:ASM) last released its earnings results on Wednesday, March 20th. The company reported $0.02 EPS for the quarter. Avino Silver & Gold Mines had a net margin of 1.23% and a return on equity of 4.53%. The business had revenue of $12.53 million during the quarter, compared to analyst estimates of $9.50 million. Equities research analysts forecast that Avino Silver & Gold Mines will post 0.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Avino Silver & Gold Mines

A hedge fund recently bought a new stake in Avino Silver & Gold Mines stock. Rathbones Group PLC purchased a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other 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.