Avino Silver & Gold Mines (NYSE:ASM) Given Buy Rating at Roth Mkm

Roth Mkm restated their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM - Free Report) in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has a $1.80 target price on the stock, down from their previous target price of $1.90.

Other research analysts have also recently issued reports about the stock. Alliance Global Partners increased their price target on shares of Avino Silver & Gold Mines from $1.70 to $2.20 and gave the company a "buy" rating in a report on Friday, October 18th. HC Wainwright raised their price target on Avino Silver & Gold Mines from $1.50 to $1.80 and gave the stock a "buy" rating in a research report on Thursday.

Avino Silver & Gold Mines Stock Up 0.9 %

ASM traded up $0.01 during trading hours on Thursday, hitting $1.11. 5,430,400 shares of the company's stock were exchanged, compared to its average volume of 1,096,111. The stock has a market cap of $155.91 million, a price-to-earnings ratio of 55.53 and a beta of 1.97. Avino Silver & Gold Mines has a 1-year low of $0.44 and a 1-year high of $1.56. The stock's 50-day moving average is $1.28 and its two-hundred day moving average is $1.12. The company has a quick ratio of 1.30, a current ratio of 2.11 and a debt-to-equity ratio of 0.02.

Avino Silver & Gold Mines (NYSE:ASM - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.03 EPS for the quarter, beating 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 firm had revenue of $14.79 million during the quarter, compared to analysts' expectations of $13.50 million. Sell-side analysts predict that Avino Silver & Gold Mines will post 0.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Tidal Investments LLC bought a new position in Avino Silver & Gold Mines during the 1st quarter valued at $1,906,000. Rathbones Group PLC purchased a new stake in shares of Avino Silver & Gold Mines during the 2nd quarter valued at approximately $135,000. Finally, Marshall Wace LLP bought a new position in Avino Silver & Gold Mines in the 2nd quarter worth about $165,000. 3.11% of the stock is owned by institutional investors and hedge funds.

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.