Avino Silver & Gold Mines Ltd. (NYSE:ASM - Get Free Report)'s stock price rose 40.1% during mid-day trading on Wednesday . The company traded as high as $1.73 and last traded at $2.05. Approximately 3,863,734 shares changed hands during trading, an increase of 136% from the average daily volume of 1,638,855 shares. The stock had previously closed at $1.46.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on ASM shares. HC Wainwright reiterated a "buy" rating and issued a $2.20 price objective on shares of Avino Silver & Gold Mines in a research note on Thursday. StockNews.com upgraded Avino Silver & Gold Mines from a "hold" rating to a "buy" rating in a research note on Monday, March 17th.
Check Out Our Latest Report on Avino Silver & Gold Mines
Avino Silver & Gold Mines Price Performance
The company has a quick ratio of 1.43, a current ratio of 2.36 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $1.79 and a 200-day moving average of $1.48. The stock has a market capitalization of $284.73 million, a price-to-earnings ratio of 100.55 and a beta of 1.68.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Jane Street Group LLC boosted its stake in Avino Silver & Gold Mines by 276.3% in the third quarter. Jane Street Group LLC now owns 39,184 shares of the company's stock valued at $43,000 after acquiring an additional 28,771 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Avino Silver & Gold Mines in the 3rd quarter valued at about $100,000. Tidal Investments LLC grew its stake in Avino Silver & Gold Mines by 105.2% during the 3rd quarter. Tidal Investments LLC now owns 6,900,224 shares of the company's stock worth $7,590,000 after buying an additional 3,537,466 shares during the last quarter. Sprott Inc. increased its position in Avino Silver & Gold Mines by 37.4% during the fourth quarter. Sprott Inc. now owns 251,400 shares of the company's stock worth $221,000 after buying an additional 68,400 shares during the period. Finally, Prudential Financial Inc. acquired a new position in Avino Silver & Gold Mines during the fourth quarter worth approximately $80,000. 3.11% of the stock is owned by hedge funds and other institutional investors.
Avino Silver & Gold Mines Company Profile
(
Get Free Report)
Avino Silver & Gold Mines Ltd. engages in the mining and exploration activities. It focuses on silver reserves in the Durango region of North Central Mexico. It operates through the Silver, Gold, and Copper segments. The company was founded on May 15, 1968 and is headquartered in Vancouver, Canada.
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