FY2024 Earnings Estimate for Avino Silver & Gold Mines Ltd. Issued By HC Wainwright (NYSE:ASM)

Avino Silver & Gold Mines Ltd. (NYSE:ASM) – Investment analysts at HC Wainwright lifted their FY2024 earnings per share estimates for Avino Silver & Gold Mines in a research report issued on Thursday, April 18th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of $0.06 for the year, up from their prior estimate of $0.05. HC Wainwright currently has a “Buy” rating and a $1.60 target price on the stock. The consensus estimate for Avino Silver & Gold Mines’ current full-year earnings is $0.04 per share. HC Wainwright also issued estimates for Avino Silver & Gold Mines’ FY2025 earnings at $0.07 EPS.

Avino Silver & Gold Mines (NYSE:ASM) last announced its earnings results on Wednesday, March 20th. The company reported $0.02 earnings per share for the quarter. Avino Silver & Gold Mines had a return on equity of 4.53% and a net margin of 1.23%. The business had revenue of $12.53 million during the quarter, compared to analysts’ expectations of $9.50 million.

Several other research analysts have also recently weighed in on ASM. Roth Mkm reaffirmed a “buy” rating and set a $1.10 target price on shares of Avino Silver & Gold Mines in a research note on Tuesday. StockNews.com began coverage on Avino Silver & Gold Mines in a research note on Friday, March 8th. They set a “sell” rating for the company.

Avino Silver & Gold Mines Trading Up 3.1 %

Shares of ASM stock opened at $0.72 on Monday. The stock has a 50-day simple moving average of $0.71 and a 200 day simple moving average of $0.56. Avino Silver & Gold Mines has a fifty-two week low of $0.40 and a fifty-two week high of $0.92. The stock has a market capitalization of $93.30 million, a P/E ratio of 18.64 and a beta of 2.07. The company has a quick ratio of 1.07, a current ratio of 1.70 and a debt-to-equity ratio of 0.02.

Hedge Funds Weigh In On Avino Silver & Gold Mines

An institutional investor recently bought a new position in Avino Silver & Gold Mines stock. Rathbones Group PLC purchased a new stake in Avino Silver & Gold Mines Ltd. (NYSE:ASM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 65,250 shares of the company’s stock, valued at approximately $34,000. Rathbones Group PLC owned 0.05% of Avino Silver & Gold Mines as of its most recent SEC filing. 3.11% of the stock is currently owned by hedge funds and other institutional investors.

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.