Avino Silver & Gold Mines (TSE:ASM) Trading Up 9.6% – Here’s What Happened

Avino Silver & Gold Mines Ltd. (TSE:ASM) shares were up 9.6% on Wednesday . The stock traded as high as C$1.49 and last traded at C$1.49. Approximately 159,964 shares were traded during mid-day trading, an increase of 109% from the average daily volume of 76,430 shares. The stock had previously closed at C$1.36.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners upgraded Avino Silver & Gold Mines to a “strong-buy” rating in a report on Friday, October 18th.

Avino Silver & Gold Mines Stock Up 9.6 %

The firm has a market capitalization of C$201.30 million, a price-to-earnings ratio of 149.00 and a beta of 2.02. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.29 and a current ratio of 2.11. The business’s 50 day moving average is C$1.47 and its 200-day moving average is C$1.47.

Insider Transactions at Avino Silver & Gold Mines

In other Avino Silver & Gold Mines news, Senior Officer Trevitt Jennifer sold 25,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$1.58, for a total value of C$39,500.00. 1.94% of the stock is currently owned by corporate insiders.

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.