Avino Silver & Gold Mines (NYSE:ASM - Get Free Report) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating in a note issued to investors on Monday.
Separately, HC Wainwright increased their price target on Avino Silver & Gold Mines from $1.90 to $2.20 and gave the company a "buy" rating in a report on Wednesday, March 12th.
View Our Latest Research Report on Avino Silver & Gold Mines
Avino Silver & Gold Mines Price Performance
Shares of Avino Silver & Gold Mines stock traded down $0.11 during trading hours on Monday, reaching $1.79. 2,301,555 shares of the company's stock were exchanged, compared to its average volume of 1,481,777. The business has a fifty day moving average of $1.46 and a two-hundred day moving average of $1.21. 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 company has a market capitalization of $252.15 million, a P/E ratio of 89.54 and a beta of 1.87. Avino Silver & Gold Mines has a 1 year low of $0.57 and a 1 year high of $1.98.
Hedge Funds Weigh In On Avino Silver & Gold Mines
Several institutional investors and hedge funds have recently bought and sold shares of the company. Tidal Investments LLC increased its holdings in shares of 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. Renaissance Technologies LLC increased its stake in Avino Silver & Gold Mines by 382.0% during the fourth quarter. Renaissance Technologies LLC now owns 1,874,867 shares of the company's stock worth $1,652,000 after acquiring an additional 1,485,910 shares during the last quarter. Bank of America Corp DE raised its position in Avino Silver & Gold Mines by 184,842.4% in the fourth quarter. Bank of America Corp DE now owns 571,472 shares of the company's stock valued at $503,000 after purchasing an additional 571,163 shares during the period. Millennium Management LLC acquired a new position in shares of Avino Silver & Gold Mines in the 4th quarter valued at $492,000. Finally, Jane Street Group LLC grew its holdings in shares of Avino Silver & Gold Mines by 920.2% during the 4th quarter. Jane Street Group LLC now owns 399,750 shares of the company's stock worth $352,000 after purchasing an additional 360,566 shares during the period. 3.11% of the stock is currently owned by institutional investors and hedge funds.
About Avino Silver & Gold Mines
(
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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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