Shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM – Get Free Report) dropped 7.6% on Wednesday . The company traded as low as $1.02 and last traded at $1.04. Approximately 1,188,252 shares traded hands during trading, an increase of 89% from the average daily volume of 627,454 shares. The stock had previously closed at $1.12.
Analyst Upgrades and Downgrades
ASM has been the subject of a number of recent analyst reports. Roth Mkm reissued a “buy” rating and set a $1.60 price target (up previously from $1.25) on shares of Avino Silver & Gold Mines in a research report on Wednesday. StockNews.com raised shares of Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $1.50 price objective on shares of Avino Silver & Gold Mines in a report on Wednesday.
View Our Latest Stock Analysis on Avino Silver & Gold Mines
Avino Silver & Gold Mines Price Performance
The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $138.80 million, a P/E ratio of 21.40 and a beta of 2.01. The business has a 50 day simple moving average of $0.96 and a 200-day simple moving average of $0.90.
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.02 earnings per share for the quarter. Avino Silver & Gold Mines had a net margin of 3.21% and a return on equity of 5.39%. The business had revenue of $12.39 million for the quarter, compared to analysts’ expectations of $10.70 million. Analysts predict that Avino Silver & Gold Mines Ltd. will post 0.04 EPS for the current fiscal year.
Hedge Funds Weigh In On Avino Silver & Gold Mines
An institutional investor recently raised its position in Avino Silver & Gold Mines stock. Perritt Capital Management Inc. grew its position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM – Free Report) by 300.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 800,000 shares of the company’s stock after buying an additional 600,000 shares during the quarter. Perritt Capital Management Inc. owned approximately 0.62% of Avino Silver & Gold Mines worth $419,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 3.11% of the company’s stock.
Avino Silver & Gold Mines Company Profile
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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