Marshall Wace LLP Takes $165,000 Position in Avino Silver & Gold Mines Ltd. (NYSE:ASM)

Marshall Wace LLP acquired a new stake in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 183,601 shares of the company’s stock, valued at approximately $165,000. Marshall Wace LLP owned approximately 0.14% of Avino Silver & Gold Mines as of its most recent SEC filing.

Separately, Rathbones Group PLC purchased a new position in shares of Avino Silver & Gold Mines during the 2nd quarter valued at about $135,000. 3.11% of the stock is currently owned by hedge funds and other institutional investors.

Avino Silver & Gold Mines Stock Down 0.8 %

Shares of ASM opened at $1.22 on Friday. The business’s 50 day moving average is $1.10 and its 200 day moving average is $1.03. The company has a market capitalization of $164.40 million, a PE ratio of 13.75 and a beta of 2.00. Avino Silver & Gold Mines Ltd. has a 12-month low of $0.40 and a 12-month high of $1.24. The company has a current ratio of 2.11, a quick ratio of 1.30 and a debt-to-equity ratio of 0.02.

Avino Silver & Gold Mines (NYSE:ASM) last issued its earnings results on Tuesday, August 13th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. The company had revenue of $14.79 million for the quarter, compared to the consensus estimate of $13.50 million. Avino Silver & Gold Mines had a return on equity of 9.26% and a net margin of 3.07%. Research analysts expect that Avino Silver & Gold Mines Ltd. will post 0.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ASM has been the topic of a number of analyst reports. HC Wainwright reaffirmed a “buy” rating and set a $1.50 price objective on shares of Avino Silver & Gold Mines in a research report on Thursday, August 15th. Roth Mkm reissued a “buy” rating and set a $1.60 target price (up previously from $1.25) on shares of Avino Silver & Gold Mines in a research note on Wednesday, July 17th.

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; and Unification La Platosa properties, which include three leased concessions located in the state of Durango, Mexico.