PI Global Investments

Avino Silver & Gold Mines (NYSEAMERICAN:ASM) Share Price Crosses Above Fifty Day Moving Average of $0.00

Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASMGet Rating)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $0.61. Avino Silver & Gold Mines shares last traded at $0.60, with a volume of 199,300 shares traded.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ASM shares. Alliance Global Partners reissued a “buy” rating and set a $1.70 price objective (up previously from $1.40) on shares of Avino Silver & Gold Mines in a report on Thursday, April 14th. HC Wainwright restated a “buy” rating and issued a $1.50 price target on shares of Avino Silver & Gold Mines in a report on Monday, April 18th.

Avino Silver & Gold Mines Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 7.80 and a current ratio of 9.07. The company has a market capitalization of $70.41 million, a price-to-earnings ratio of -30.00 and a beta of 1.54.

Avino Silver & Gold Mines (NYSEAMERICAN:ASMGet Rating) last issued its quarterly earnings data on Wednesday, May 11th. The basic materials company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $11.05 million for the quarter, compared to analysts’ expectations of $8.70 million. As a group, research analysts predict that Avino Silver & Gold Mines Ltd. will post 0.07 earnings per share for the current year.

Hedge Funds Weigh In On Avino Silver & Gold Mines

A number of institutional investors have recently modified their holdings of ASM. Eidelman Virant Capital acquired a new position in shares of Avino Silver & Gold Mines in the fourth quarter valued at approximately $66,000. Virtu Financial LLC raised its position in shares of Avino Silver & Gold Mines by 25.9% in the first quarter. Virtu Financial LLC now owns 111,626 shares of the basic materials company’s stock valued at $105,000 after buying an additional 22,934 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Avino Silver & Gold Mines by 104.4% during the 1st quarter. Renaissance Technologies LLC now owns 409,700 shares of the basic materials company’s stock worth $385,000 after acquiring an additional 209,306 shares during the period. Institutional investors and hedge funds own 2.23% of the company’s stock.

About Avino Silver & Gold Mines

(Get Rating)

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.

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