Avino Silver & Gold Mines Ltd. (NYSE:ASM – Get Free Report) shares shot up 2.4% during mid-day trading on Wednesday . The company traded as high as $0.92 and last traded at $0.91. 477,405 shares were traded during mid-day trading, a decline of 51% from the average session volume of 977,125 shares. The stock had previously closed at $0.89.
Analyst Upgrades and Downgrades
Several research firms have weighed in on ASM. Roth Mkm restated a “buy” rating and set a $1.10 target price on shares of Avino Silver & Gold Mines in a report on Tuesday, April 23rd. StockNews.com upgraded shares of Avino Silver & Gold Mines from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Finally, HC Wainwright dropped their target price on shares of Avino Silver & Gold Mines from $1.60 to $1.50 and set a “buy” rating for the company in a report on Thursday, May 9th.
View Our Latest Stock Analysis on ASM
Avino Silver & Gold Mines Price Performance
Avino Silver & Gold Mines (NYSE:ASM – Get Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter. Avino Silver & Gold Mines had a net margin of 3.21% and a return on equity of 5.39%. The company had revenue of $12.39 million during the quarter, compared to the consensus estimate of $10.70 million. On average, research analysts expect that Avino Silver & Gold Mines Ltd. will post 0.04 earnings per share for the current year.
Institutional Investors Weigh In On Avino Silver & Gold Mines
A hedge fund recently bought a new stake in Avino Silver & Gold Mines stock. Tidal Investments LLC bought a new position in shares of Avino Silver & Gold Mines Ltd. (NYSE:ASM – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,059,206 shares of the company’s stock, valued at approximately $1,906,000. Tidal Investments LLC owned approximately 2.30% of Avino Silver & Gold Mines at the end of the most recent quarter. Institutional investors own 3.11% of the company’s stock.
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.
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