Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) had its price target dropped by analysts at HC Wainwright from $1.80 to $1.50 in a research note issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s price target points to a potential upside of 162.24% from the stock’s previous close. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2024 earnings at $0.05 EPS.
Separately, StockNews.com began coverage on shares of Avino Silver & Gold Mines in a research report on Friday, March 8th. They set a “sell” rating for the company.
Avino Silver & Gold Mines Trading Down 1.8 %
ASM opened at $0.57 on Friday. The stock has a market capitalization of $74.36 million, a PE ratio of 14.86 and a beta of 2.03. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.54 and a quick ratio of 0.90. Avino Silver & Gold Mines has a 12-month low of $0.40 and a 12-month high of $1.01. The firm’s fifty day moving average price is $0.51 and its 200 day moving average price is $0.49.
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last issued its earnings results on Wednesday, March 20th. The company reported $0.02 EPS for the quarter. Avino Silver & Gold Mines had a return on equity of 4.60% and a net margin of 1.23%. The company had revenue of $12.53 million during the quarter, compared to analyst estimates of $9.50 million. As a group, research analysts expect that Avino Silver & Gold Mines will post 0.02 EPS for the current fiscal year.
Hedge Funds Weigh In On Avino Silver & Gold Mines
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC acquired a new stake in Avino Silver & Gold Mines in the 3rd quarter worth $25,000. Rathbones Group PLC bought a new position in Avino Silver & Gold Mines during the third quarter valued at about $34,000. Millennium Management LLC bought a new stake in shares of Avino Silver & Gold Mines in the 2nd quarter worth approximately $37,000. Citadel Advisors LLC acquired a new stake in shares of Avino Silver & Gold Mines during the 4th quarter worth approximately $47,000. Finally, Jane Street Group LLC raised its stake in shares of Avino Silver & Gold Mines by 378.3% in the first quarter. Jane Street Group LLC now owns 57,470 shares of the company’s stock valued at $51,000 after purchasing an additional 45,454 shares in the last quarter. 2.34% of the stock is currently owned by hedge funds and other institutional investors.
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; Santiago Papasquiaro property comprises four exploration concessions covering 2,552.6 hectares and one exploitation concession covering 602.9 hectares; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.
Featured Stories
Receive News & Ratings for Avino Silver & Gold Mines Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Avino Silver & Gold Mines and related companies with MarketBeat.com’s FREE daily email newsletter.