Avino Silver & Gold Mines (NYSE:ASM) Receives Buy Rating from HC Wainwright

HC Wainwright reissued their buy rating on shares of Avino Silver & Gold Mines (NYSE:ASM) in a research report released on Friday morning, Marketbeat Ratings reports. They currently have a $1.50 target price on the stock.

Separately, Roth Mkm restated a “buy” rating and set a $1.60 price target (up previously from $1.25) on shares of Avino Silver & Gold Mines in a research report on Wednesday, July 17th.

Avino Silver & Gold Mines Price Performance

NYSE:ASM opened at $1.45 on Friday. Avino Silver & Gold Mines has a one year low of $0.40 and a one year high of $1.49. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.30 and a current ratio of 2.11. The firm has a market cap of $195.40 million, a price-to-earnings ratio of 15.50 and a beta of 2.00. The firm’s fifty day moving average is $1.17 and its two-hundred day moving average is $1.05.

Avino Silver & Gold Mines (NYSE:ASM) last issued its quarterly earnings data on Tuesday, August 13th. The 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 $14.79 million during the quarter, compared to the consensus estimate of $13.50 million. Avino Silver & Gold Mines had a net margin of 3.07% and a return on equity of 9.26%. Research analysts expect that Avino Silver & Gold Mines will post 0.04 EPS for the current year.

Institutional Trading of Avino Silver & Gold Mines

A number of hedge funds have recently bought and sold shares of the business. Rathbones Group PLC purchased a new stake in shares of Avino Silver & Gold Mines in the 2nd quarter valued at approximately $135,000. Marshall Wace LLP purchased a new position in shares of Avino Silver & Gold Mines during the 2nd quarter worth approximately $165,000. Finally, Tidal Investments LLC acquired a new stake in Avino Silver & Gold Mines during the 1st quarter worth approximately $1,906,000. Institutional investors and hedge funds 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.