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October 18, 2024
PI Global Investments
Silver

Roth Mkm Reiterates “Buy” Rating for Avino Silver & Gold Mines (NYSE:ASM)



Avino Silver & Gold Mines (NYSE:ASMGet Free Report)‘s stock had its “buy” rating reissued by analysts at Roth Mkm in a report released on Wednesday, Benzinga reports. They presently have a $1.60 price objective on the stock, up from their previous price objective of $1.25. Roth Mkm’s price target would indicate a potential upside of 64.54% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on ASM. StockNews.com upgraded Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a research report on Friday, May 10th. HC Wainwright restated a “buy” rating and set a $1.50 target price on shares of Avino Silver & Gold Mines in a research report on Wednesday.

View Our Latest Report on Avino Silver & Gold Mines

Avino Silver & Gold Mines Price Performance

Shares of ASM stock opened at $0.97 on Wednesday. The stock’s fifty day simple moving average is $0.97 and its 200 day simple moving average is $0.91. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.77 and a quick ratio of 1.11. The firm has a market cap of $131.04 million, a price-to-earnings ratio of 21.40 and a beta of 2.01. Avino Silver & Gold Mines has a one year low of $0.40 and a one year high of $1.13.

Avino Silver & Gold Mines (NYSE:ASMGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $12.39 million during the quarter, compared to the consensus estimate of $10.70 million. Avino Silver & Gold Mines had a return on equity of 5.39% and a net margin of 3.21%. On average, analysts expect that Avino Silver & Gold Mines will post 0.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Avino Silver & Gold Mines

An institutional investor recently bought a new position in Avino Silver & Gold Mines stock. Tidal Investments LLC acquired a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASMFree Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,059,206 shares of the company’s stock, valued at approximately $1,906,000. Tidal Investments LLC owned about 2.30% of Avino Silver & Gold Mines at the end of the most recent quarter. 3.11% of the stock is owned by institutional investors and hedge funds.

Avino Silver & Gold Mines Company Profile

(Get Free Report)

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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