Avino Silver & Gold Mines’ (ASM) “Buy” Rating Reiterated at Roth Mkm

Roth Mkm reissued their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a report issued on Thursday,Benzinga reports. The brokerage currently has a $1.80 price objective on the stock, down from their previous price objective of $1.90.

ASM has been the subject of several other research reports. Alliance Global Partners upped their target price on shares of Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a “buy” rating in a research report on Friday, October 18th. HC Wainwright increased their target price on Avino Silver & Gold Mines from $1.50 to $1.80 and gave the company a “buy” rating in a research note on Thursday.

Avino Silver & Gold Mines Stock Performance

Shares of NYSE:ASM opened at $1.03 on Thursday. The company has a current ratio of 2.11, a quick ratio of 1.30 and a debt-to-equity ratio of 0.02. Avino Silver & Gold Mines has a 1-year low of $0.44 and a 1-year high of $1.56. The stock has a market capitalization of $144.67 million, a P/E ratio of 51.50 and a beta of 1.97. The business has a 50-day moving average price of $1.28 and a two-hundred day moving average price of $1.12.

Avino Silver & Gold Mines (NYSE:ASM) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. Avino Silver & Gold Mines had a net margin of 6.57% and a return on equity of 12.29%. The business had revenue of $14.79 million during the quarter, compared to the consensus estimate of $13.50 million. Equities analysts predict that Avino Silver & Gold Mines will post 0.05 earnings per share for the current year.

Institutional Trading of Avino Silver & Gold Mines

A number of large investors have recently made changes to their positions in ASM. Tidal Investments LLC bought a new position in Avino Silver & Gold Mines during the first quarter worth about $1,906,000. Rathbones Group PLC acquired a new stake in shares of Avino Silver & Gold Mines during the second quarter worth about $135,000. Marshall Wace LLP bought a new position in shares of Avino Silver & Gold Mines during the 2nd quarter valued at about $165,000. Jane Street Group LLC grew its position in shares of Avino Silver & Gold Mines by 276.3% in the 3rd quarter. Jane Street Group LLC now owns 39,184 shares of the company’s stock valued at $43,000 after purchasing an additional 28,771 shares during the period. Finally, XTX Topco Ltd bought a new stake in Avino Silver & Gold Mines during the 3rd quarter worth approximately $100,000. 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.