Avino Silver & Gold Mines (NYSE:ASM) Price Target Raised to $2.20

Avino Silver & Gold Mines (NYSE:ASM - Get Free Report) had its price objective increased by investment analysts at Alliance Global Partners from $1.70 to $2.20 in a report released on Friday, Benzinga reports. The firm presently has a "buy" rating on the stock. Alliance Global Partners' target price indicates a potential upside of 61.76% from the stock's current price.

ASM has been the topic of a number of other reports. HC Wainwright reaffirmed a "buy" rating and issued a $1.50 target price on shares of Avino Silver & Gold Mines in a report on Friday. Roth Mkm reissued a "buy" rating and issued a $1.60 price objective (up from $1.25) on shares of Avino Silver & Gold Mines in a research note on Wednesday, July 17th.

Avino Silver & Gold Mines Stock Performance

Shares of Avino Silver & Gold Mines stock traded up $0.12 during trading on Friday, reaching $1.36. The company's stock had a trading volume of 3,626,200 shares, compared to its average volume of 966,496. The company has a 50-day moving average price of $1.15 and a two-hundred day moving average price of $1.05. The firm has a market cap of $183.27 million, a PE ratio of 15.25 and a beta of 2.00. Avino Silver & Gold Mines has a fifty-two week low of $0.40 and a fifty-two week high of $1.39. 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 (NYSE:ASM - Get Free Report) last announced its 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. The business had revenue of $14.79 million for the quarter, compared to analysts' expectations of $13.50 million. Avino Silver & Gold Mines had a net margin of 3.07% and a return on equity of 9.26%. On average, analysts forecast that Avino Silver & Gold Mines will post 0.04 EPS for the current year.

Hedge Funds Weigh In On Avino Silver & Gold Mines

Institutional investors have recently bought and sold shares of the company. Marshall Wace LLP acquired a new position in shares of Avino Silver & Gold Mines during the 2nd quarter worth $165,000. Rathbones Group PLC acquired a new position in shares of Avino Silver & Gold Mines during the 2nd quarter worth $135,000. Finally, Tidal Investments LLC acquired a new position in shares of Avino Silver & Gold Mines during the 1st quarter worth $1,906,000. 3.11% of the stock is owned by institutional investors and hedge funds.

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.