Avino Silver & Gold Mines (NYSE:ASM - Get Free Report) had its price target upped by HC Wainwright from $1.50 to $1.80 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. HC Wainwright's target price points to a potential upside of 59.18% from the stock's current price.
A number of other brokerages also recently commented on ASM. Roth Mkm reiterated a "buy" rating and issued a $1.60 target price (up from $1.25) on shares of Avino Silver & Gold Mines in a report on Wednesday, July 17th. Alliance Global Partners boosted their price target on Avino Silver & Gold Mines from $1.70 to $2.20 and gave the stock a "buy" rating in a research note on Friday, October 18th.
Get Our Latest Stock Report on ASM
Avino Silver & Gold Mines Price Performance
Shares of ASM stock traded up $0.03 on Thursday, reaching $1.13. The company's stock had a trading volume of 2,399,527 shares, compared to its average volume of 1,082,177. The stock's fifty day simple moving average is $1.29 and its 200-day simple moving average is $1.12. Avino Silver & Gold Mines has a 1 year low of $0.44 and a 1 year high of $1.56. The company has a current ratio of 2.11, a quick ratio of 1.30 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $158.83 million, a price-to-earnings ratio of 58.53 and a beta of 1.97.
Avino Silver & Gold Mines (NYSE:ASM - Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. The firm had revenue of $14.79 million during the quarter, compared to analyst estimates of $13.50 million. Avino Silver & Gold Mines had a net margin of 6.57% and a return on equity of 12.29%. Analysts forecast that Avino Silver & Gold Mines will post 0.05 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Avino Silver & Gold Mines
Institutional investors have recently bought and sold shares of the company. Tidal Investments LLC purchased a new stake in Avino Silver & Gold Mines during the first quarter worth approximately $1,906,000. Rathbones Group PLC acquired a new position in Avino Silver & Gold Mines during the second quarter worth $135,000. Finally, Marshall Wace LLP acquired a new position in Avino Silver & Gold Mines during the second quarter worth $165,000. 3.11% of the stock is owned by institutional investors and hedge funds.
About Avino Silver & Gold Mines
(
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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.
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